Limited obligations.

Utah Code § 53G-5-604, under Part 53G-5-6: Charter School Credit Enhancement Program.

Utah Code § 53G-5-604

53G-5-604. Limited obligations.

Except as provided in Section,, or, bonds, notes, and other obligations issued by the authority:

(1) do not constitute a debt, moral obligation, or liability of the state, or of any county, city, town, school district, or any other political subdivision of the state;

(2) do not constitute the loan of credit of the state or of any county, city, town, school district, or any other political subdivision of the state; and

(3) may not be paid from funds other than loan payments or lease revenues received from a charter school or other funds pledged by a charter school.