(50 ILCS 455/9) (from Ch. 85, par. 2409)
Sec. 9.
All bonds issued under and pursuant to this Act shall be limited
obligations of the authority payable solely out of the revenues and receipts
derived from the facility with respect to which such bonds are issued.
No holder of any bonds issued under this Act has the right to compel any
exercise of taxing power of the authority to pay the bonds, the interest
or premium, if any, thereon, and the bonds do not constitute an indebtedness
of the authority or a loan of credit thereof within the meaning of any constitutional
or statutory provision. It shall be plainly stated on the face of each
bond that it has been issued under the provisions of this Act and that it
does not constitute an indebtedness of the authority or a loan of credit
thereof within the meaning of any constitutional or statutory provisions.
(Source: P.A. 81-1529.)
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