New York Statutes

§ 510 — State and participating counties not liable on bonds and notes

New York·Law PML Racing, Pari-Mutuel Wagering and Breeding Law·Art. 5 Regional Off-track Betting Corporations
§ 510. State and participating counties not liable on bonds and notes.\nThe bonds, notes or other obligations of a corporation shall not be a\ndebt of either the state of New York or of any participating county and\nneither the state nor any county shall be liable thereon, nor shall they\nbe payable out of any funds other than those of the corporation.\n

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