§ 17D-2-506. Other entities not responsible for local building authority bonds or breach of mortgage and other obligations.

(1) Nothing in this part may be construed to require: (a) the state or any political subdivision of the state to pay a bond issued under this part; (b) the state or, except the creating local entity, any political subdivision of the state to pay any rent or lease payment due to a local building authority under the terms of a lease agreement; or (c) the creating local entity to appropriate money to pay: (i) principal of or interest on bonds issued by a local building authority; or (ii) the lease payments under a lease agreement with the local building authority. (2) A breach of a mortgage or a covenant or agreement in a mortgage may not impose a general obligation or liability upon or a charge against: (a) the creating local entity; or (b) the general credit or taxing power of the state or any political subdivision of the state.