New York Statutes
§ 870 — State and municipality not liable on bonds or notes
New York § 870
JurisdictionNew York
Law GMUGeneral Municipal
Title 1Agencies, Organization and Powers
Art. 18-AIndustrial Development
This text of New York § 870 (State and municipality not liable on bonds or notes) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.Y. General Municipal § 870 (2026).
Text
§ 870. State and municipality not liable on bonds or notes. The bonds\nor notes and other obligations of the authority shall not be a debt of\nthe state or of the municipality, and neither the state nor the\nmunicipality shall be liable thereon, nor shall they be payable out of\nany funds other than those of the agency.\n
Free access — add to your briefcase to read the full text and ask questions with AI
Related
Congdon v. Washington County
130 A.D.2d 27 (Appellate Division of the Supreme Court of New York, 1987)
Schulz v. State
198 A.D.2d 554 (Appellate Division of the Supreme Court of New York, 1993)
Schulz v. New York State Legislature
278 A.D.2d 710 (Appellate Division of the Supreme Court of New York, 2000)
Congdon v. Washington County
134 Misc. 2d 765 (New York Supreme Court, 1986)
Schulz v. Washington County Board of Supervisors
349 F. Supp. 2d 375 (N.D. New York, 2004)
Nearby Sections
7
§ 874
Tax exemptionsCite This Page — Counsel Stack
Bluebook (online)
New York § 870, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/GMU/870.