New York Statutes
§ 1226-N — State, water board or municipality, other than the authority, not liable on authority bonds
New York·Law PBA Public Authorities·Title 10 Upper Mohawk Valley Regional Water Finance Authority·Art. 5 Public Utility Authorities
§ 1226-n. State, water board or municipality, other than the\nauthority, not liable on authority bonds. Neither the state, the water\nboard nor any municipality, other than the authority, shall be liable on\nthe bonds of the authority and such bonds shall not be a debt of either\nthe state, the water board or any municipality, and each such bond shall\ncontain, on the face thereof, a statement to such effect.\n
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Nearby Sections
15
§ 1226-A
Short title§ 1226-AA
Short title§ 1226-B
Definitions§ 1226-D
Powers of the authority§ 1226-E
Water board§ 1226-L
Bonds of the authority§ 1226-M
Remedies of bondholders