New York Statutes
§ 2410 — State and municipalities not liable on bonds, notes or insurance commitments or contracts or development corporation credit support
New York·Law PBA Public Authorities·Title 17 State of New York Mortgage Agency Act·Part 1 No title·Art. 8 Miscellaneous Authorities
§ 2410. State and municipalities not liable on bonds, notes or\ninsurance commitments or contracts or development corporation credit\nsupport. The bonds, notes, insurance commitments or contracts or\ndevelopment corporation credit support and other obligations of the\nagency shall not be a debt of the state of New York or of any\nmunicipality, and neither the state nor any municipality shall be liable\nthereon, nor shall they be payable out of any funds other than those of\nthe agency.\n
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Nearby Sections
15
§ 2400
Short title§ 2401
Legislative findings§ 2402
Definitions§ 2404
Powers of the agency§ 2405-A
Education loans§ 2405-C
Purchase of new housing loans§ 2405-D
Lease-to-own program§ 2407
Bond limits