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State Statutes - Idaho - Title 61 - Chapter 16 - 61-1610
Idaho Statutes
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61-1610 - DISCLAIMER OF STATE FULL FAITH AND CREDIT
Cost reduction rates,
cost reduction property, and any related cost reduction instruments issued
under this chapter and any applicable cost reduction orders do not constitute
a debt or liability of this state or of any political subdivision thereof and
do not constitute a pledge of the full faith and credit of this state or any
of its political subdivisions, but are payable solely from the funds provided
therefor. Any cost reduction instruments shall contain on the face thereof a
statement to the following effect: "Neither the full faith and credit nor the
taxing power of the state of Idaho is pledged to the payment of the principal
of, or interest on, this instrument."
 
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