Sec. 31. The state shall not be liable on notes or bonds of the authority and such notes and bonds shall not be a debt of the state. The notes and bonds shall contain on the face thereof a statement to such effect.
Notes and bonds; liability of state.
Mich. Comp. Laws § 125.1431, under STATE HOUSING DEVELOPMENT AUTHORITY ACT OF 1966.
Mich. Comp. Laws § 125.1431