Indiana Code § 8-15.7-8-9

Debt issued for qualifying project not a debt or pledge of the state or a political subdivision
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Sec. 9. Any bonds, debt, other securities, or other financing issued for the purposes of this article shall not be considered to constitute a debt of the state or any political subdivision of the state or a pledge of the faith and credit of the state or any political subdivision.   IC 8-15.7-9 Chapter 9. Issuance of Debt by Authority               8-15.7-9-1 Issuance of bonds or notes             8-15.7-9-2 Leases with the department or operator             8-15.7-9-3 Sources for payment of lease rentals by department             8-15.7-9-4 Bonds or notes not a debt of the state

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