583 - State and county not liable on bonds or notes.

§  583.  State  and  county  not  liable on bonds or notes. The bonds,  notes, and other obligations of the authority shall not be  a  legal  or  moral debt of the state, nor a legal debt of the county, and neither the  state  nor  the  county  shall  be liable thereon, nor shall the same be  payable out of any funds other than those of the authority,  unless  the  county  voluntarily  and  formally assumes liability therefor. No recent  action by the state in recognizing any legal or moral obligation for any  indebtedness of any other authority shall in any  way  be  construed  as  creating any liability for any indebtedness of this authority.