§ 1061. State, county and municipalities not liable on bonds. The\nbonds and other obligations of the authority shall not be a debt of the\nstate of New York or of the county or of any municipality in the county,\nand neither the state nor the county nor any municipality in the county\nshall be liable thereon, nor shall they be payable out of any funds\nother than those of the authority.\n
N.Y. Pub. Auth. Law § 1061
State, county and municipalities not liable on bonds
2014-09-22
Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.