A special service district bond, note, or other obligation or indebtedness, whether or not payable from taxes, may not be:
- (1) considered to be a bond, note, or other obligation or indebtedness of or to be enforceable against the state or a county, municipality, school district, or other political subdivision of the state; or
- (2) taken into account in calculating a debt limit applicable to the state or a county, municipality, school district, or other political subdivision of the state.
Enacted by Chapter 360, 2008 General Session