New York Statutes
§ 1021-J — State and municipalities not liable on bonds or notes or other obligations
New York § 1021-J
JurisdictionNew York
Law PBAPublic Authorities
Title 1-BNorth Country Power Authority
Art. 5Public Utility Authorities
This text of New York § 1021-J (State and municipalities not liable on bonds or notes or other obligations) 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. Public Authorities § 1021-J (2026).
Text
§ 1021-j. State and municipalities not liable on bonds or notes or\nother obligations. The securities of the authority shall not be a debt\nof the state or of any municipality, and neither the state nor any\nmunicipality shall be liable thereon. The authority shall not have the\npower to pledge or restrict the credit, the revenues or the taxing power\nof the state or of any municipality, and neither the credit, the\nrevenues nor the taxing power of the state or of any municipality shall\nbe or shall be deemed to be pledged to the payment of any securities of\nthe authority. Each evidence of indebtedness of the authority, including\nthe securities of the authority, shall contain a clear and explicit\nstatement of the provisions of this section. Nothing in this article\nshall be deemed to
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Nearby Sections
15
§ 1021
Short title§ 1021-A
Definitions§ 1021-B
North Country power authority§ 1021-F
Conflicts of interest§ 1021-G
Sale of surplus power§ 1021-H
Audit and annual reports§ 1021-K
Agreement of the state§ 1021-M
Actions against the authority§ 1021-N
Equal employment opportunityCite This Page — Counsel Stack
Bluebook (online)
New York § 1021-J, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/PBA/1021-J.