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State Statutes - Idaho - Title 50 - Chapter 10 - 50-1040
Idaho Statutes
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50-1040 - CITY NOT LIABLE ON BONDS
Bonds issued pursuant to sections
50-1027 through 50-1042 shall not be a debt of the city and the city shall not
be liable thereon, nor shall they be payable out of any funds other than the
revenue pledged to the payment thereof. Each bond issued under the Revenue
Bond Act shall recite, in substance, that said bond, including interest
thereon, is payable solely from the revenue pledge to the payment thereof.
Bonds may be issued under sections 50-1027 through 50-1042 notwithstanding and
without regard to any limitation or restriction on the amount or percentage of
indebtedness, or of outstanding obligations of a city.
 
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