New York § 658 State and city not liable on notes and bonds

New York Statutes

§ 658 — State and city not liable on notes and bonds

New York § 658

Law PVHPrivate Housing Finance

Art. 12New York City Housing Development Corporation

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Bluebook

N.Y. Private Housing Finance § 658 (2026).

Text

  § 658. State and city not liable on notes and bonds. The notes, bonds\nor other obligations of the corporation shall not be a debt of either\nthe state of New York or of the city of New York, and neither the state\nnor the city shall be liable thereon, nor shall they be payable out of\nany funds other than those of the corporation; and such notes and bonds\nshall contain on the face thereof a statement to such effect.\n

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§ 658. State and city not liable on notes and bonds. The notes, bonds\nor other obligations of the corporation shall not be a debt of either\nthe state of New York or of the city of New York, and neither the state\nnor the city shall be liable thereon, nor shall they be payable out of\nany funds other than those of the corporation; and such notes and bonds\nshall contain on the face thereof a statement to such effect.\n