Bonds and certificates; payment; no liability of state or political subdivision

La. Rev. Stat. § 39:1789, under Public Finance.

La. Rev. Stat. § 39:1789

§1789. Bonds and certificates; payment; no liability of state or political subdivision Neither bonds nor certificates shall be deemed to constitute a debt or liability of the state of Louisiana or of any political subdivision thereof or a pledge of the faith and credit of the state of Louisiana or of any such political subdivision. Acts 1985, No. 893, §1, eff. July 23, 1985.