(70 ILCS 200/215-20)
Sec. 215-20.
Bonds; nature of indebtedness.
Under no
circumstances, except by express written agreement
of the Authority and the State or a political subdivision or subdivision
adopted pursuant to Article VII, Section 10, of the Constitution, shall any
bonds issued by the Authority
be or become an indebtedness or obligation of the State of Illinois or of
any other political subdivision of or municipality within the State, nor
shall any such bond or obligation be or become an indebtedness of
the Authority within the purview of any constitutional limitation or provision,
and it shall be plainly stated on the face of each bond that it does
not constitute such an indebtedness or obligation but is payable solely
from the revenues or income as aforesaid.
(Source: P.A. 90-328, eff. 1-1-98.)
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