§ 908. State and county not liable on authority bonds. 1. The state\nshall not be liable on the bonds or notes of the authority and such\nbonds or notes shall not be a debt of the state, and such bonds and\nnotes shall contain on the face thereof a statement to such effect.\n 2. The county shall not be liable on the bonds or notes of the\nauthority and such bonds or notes shall not be a debt of the county, and\nsuch bonds and notes shall contain on the face thereof a statement to\nsuch effect or a statement describing the county liability thereon, if\nany.\n
N.Y. Pub. Auth. Law § 908
State and county not liable on authority 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.