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N.Y. Pub. Auth. Law § 1947

State or municipality not liable on authority bonds

2014-09-22

§ 1947. State or municipality not liable on authority bonds. Neither\nthe state nor any municipality shall be liable on the bonds of the\nauthority and such bonds shall not be a debt of either the state, or any\nmunicipality, and each such bond shall contain, on the face thereof, a\nstatement to such effect.\n

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.