[§304A-2511]  Payment and security of revenue bonds; revenue bonds not a debt of the State.  Revenue bonds issued under this subpart shall be payable from and secured by the revenues of the university pledged to the payment thereof, and those revenues shall be applied to the payment in accordance with this subpart and the resolution or resolutions authorizing the issuance of the revenue bonds.  No holder or holders of any revenue bonds issued under this subpart shall ever have the right to compel any exercise of the taxing power of the State to pay the bonds or interest thereon.  Each revenue bond shall recite in substance that the bond, including interest thereon, is payable from and secured by the revenues pledged to the payment thereof, and that the bond does not constitute a general or moral obligation or charge upon the general fund of the State and the full faith and credit of the State are not pledged to the payment of the principal and interest. [L 2006, c 75, pt of §2]