Bonds not a debt of the state

Ind. Code § 4-13.5-1.5-15, under Chapter 1.5. Energy Cost Savings Projects.

Ind. Code § 4-13.5-1.5-15

Sec. 15. The issuance of bonds by the commission payable from revenues from the department under a use and occupancy agreement does not constitute a debt of the state. As added by P.L.23-1997, SEC.1.