New York § 583 State and county not liable on bonds or notes

New York Statutes

§ 583 — State and county not liable on bonds or notes

New York § 583

Law PBAPublic Authorities

Title 4Thousand Islands Bridge Authority

Art. 3Bridge and Tunnel Authorities

This text of New York § 583 (State and county not liable on bonds or notes) 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 § 583 (2026).

Text

  § 583. State and county not liable on bonds or notes. The bonds,\nnotes, and other obligations of the authority shall not be a legal or\nmoral debt of the state, nor a legal debt of the county, and neither the\nstate nor the county shall be liable thereon, nor shall the same be\npayable out of any funds other than those of the authority, unless the\ncounty voluntarily and formally assumes liability therefor. No recent\naction by the state in recognizing any legal or moral obligation for any\nindebtedness of any other authority shall in any way be construed as\ncreating any liability for any indebtedness of this authority.\n

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§ 583. State and county not liable on bonds or notes. The bonds,\nnotes, and other obligations of the authority shall not be a legal or\nmoral debt of the state, nor a legal debt of the county, and neither the\nstate nor the county shall be liable thereon, nor shall the same be\npayable out of any funds other than those of the authority, unless the\ncounty voluntarily and formally assumes liability therefor. No recent\naction by the state in recognizing any legal or moral obligation for any\nindebtedness of any other authority shall in any way be construed as\ncreating any liability for any indebtedness of this authority.\n