(1) Nothing in this part may be construed to require: (a) the state or any political subdivision of the state to pay a bond issued under this part; (b) the state or, except the creating local entity, any political subdivision of the state to pay any rent or lease payment due to a local building authority under the terms of a lease agreement; or (c) the creating local entity to appropriate money to pay: (i) principal of or interest on bonds issued by a local building authority; or (ii) the lease payments under a lease agreement with the local building authority.
(a) the state or any political subdivision of the state to pay a bond issued under this part;
(b) the state or, except the creating local entity, any political subdivision of the state to pay any rent or lease payment due to a local building authority under the terms of a lease agreement; or
(c) the creating local entity to appropriate money to pay: (i) principal of or interest on bonds issued by a local building authority; or (ii) the lease payments under a lease agreement with the local building authority.
(i) principal of or interest on bonds issued by a local building authority; or
(ii) the lease payments under a lease agreement with the local building authority.
(2) A breach of a mortgage or a covenant or agreement in a mortgage may not impose a general obligation or liability upon or a charge against: (a) the creating local entity; or (b) the general credit or taxing power of the state or any political subdivision of the state.
(a) the creating local entity; or
(b) the general credit or taxing power of the state or any political subdivision of the state.
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