§48E-11  Special purpose revenue bonds not a
general obligation of county.  No holder or holders of any special purpose
revenue bonds issued under this chapter shall ever have the right to compel any
exercise of taxing power of the county to pay such bonds or the interest
thereon.  No special purpose revenue bond shall be secured, directly or
indirectly, by the general credit of the county or by any revenues or taxes of
the county, other than receipts derived from the project agreement with respect
to the pollution control project for which such bonds have been issued or from
any security for such project agreement, and no moneys other than such receipts
shall be applied to the payment thereof.  Each special purpose revenue bond
issued under this chapter shall recite in substance that such bond, including
interest thereon, is not a general obligation of the county and is payable from
the receipts pledged to the payment thereof, and that such bond is not secured
directly or indirectly by the full faith and credit or the general credit of
the county or by any revenues or taxes of the county other than the revenues
specifically pledged thereto. [L 1983, c 237, pt of §2]