Section 67552 Of Article 4. Revenue Bonds From California Government Code >> Title 7.8. >> Chapter 3. >> Article 4.
67552
. The commission shall issue bonds in its name. These bonds
shall constitute obligations of the commission only, and neither the
payment of the principal of any such bond nor the payment of interest
thereon constitutes a debt, liability, or obligation of any county,
city, city and county, district, or political subdivision, or of the
State of California. All bonds issued by the commission shall contain
a recital on their face that neither the payment of the principal,
or any part thereof, nor the payment of any interest thereon
constitutes a debt, liability, or obligation of any county, city,
city and county, district, or political subdivision, or of the State
of California.