The bonds or notes:

1. (1) constitute the corporate obligations of the IFA or the NWIRDA;
2. (2) do not constitute an indebtedness of the state within the meaning or application of any constitutional provision, prohibition, or limitation; and

3. (3) are payable solely as to both principal and interest from:

   1. (A) the revenues from a lease to the NWIRDA, if any;
   2. (B) other available revenues, if any;
   3. (C) proceeds of bonds or notes, if any; or
   4. (D) investment earnings on proceeds of bonds or notes.

As added by P.L.189-2018, SEC.26.