35-742. Municipality or county not
liable


The municipality or the county shall not in any event be liable for the payment of
the principal of or interest on any bonds of the corporation, formed thereby or for the
performance of any pledge, mortgage, obligation or agreement of any kind whatsoever which
may be undertaken by the corporation, and none of the bonds of the corporation or any of
its agreements or obligations shall be construed to constitute an indebtedness of the
municipality or county within the meaning of any constitutional or statutory provision
whatsoever.