Sec. 284.036. BONDS SECURED SOLELY BY REVENUE. Bonds secured solely by a pledge of project revenue: (1) are not a debt of the county issuing the bonds but are solely a charge on project revenue; (2) may not be considered in determining the power of the county to issue for any purpose bonds payable in whole or in part from taxes; and (3) must state: "The holder hereof shall never have the right to demand payment of this obligation out of any funds raised or to be raised by taxation."
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