New York Statutes
§ 1436 — State and city not liable on bonds
New York·Law PBA Public Authorities·Title 2 White Plains Parking Authority·Art. 7 Parking Authorities
§ 1436. State and city not liable on bonds. The bonds and other\nobligations of the authority shall not be a debt of the state of New\nYork or of the city, and neither the state nor the city shall be liable\nthereon, nor shall they be payable out of any funds other than those of\nthe authority.\n
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Nearby Sections
15
§ 1425
Short title§ 1426
Definitions§ 1431
Public work contracts§ 1432
Moneys of the authority§ 1433
Bonds of the authority§ 1435
Agreements of the state§ 1439
Remedies of bondholders