N.Y. Pub. Auth. Law § 1021-j

§ 1021-j. State and municipalities not liable on bonds or notes or\nother obligations. The securities of the authority shall not be a debt\nof the state or of any municipality, and neither the state nor any\nmunicipality shall be liable thereon. The authority shall not have the\npower to pledge or restrict the credit, the revenues or the taxing power\nof the state or of any municipality, and neither the credit, the\nrevenues nor the taxing power of the state or of any municipality shall\nbe or shall be deemed to be pledged to the payment of any securities of\nthe authority. Each evidence of indebtedness of the authority, including\nthe securities of the authority, shall contain a clear and explicit\nstatement of the provisions of this section. Nothing in this article\nshall be deemed to obligate the state or any municipality to make any\npayments or impose any taxes to satisfy the debt service obligations of\nthe authority.\n