New York Statutes

§ 1947 — State or municipality not liable on authority bonds

New York·Law PBA Public Authorities·Title 10-B Upper Mohawk Valley Memorial Auditorium Authority·Art. 8 Miscellaneous Authorities
§ 1947. State or municipality not liable on authority bonds. Neither\nthe state nor any municipality shall be liable on the bonds of the\nauthority and such bonds shall not be a debt of either the state, or any\nmunicipality, and each such bond shall contain, on the face thereof, a\nstatement to such effect.\n

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