§ 510. State and participating counties not liable on bonds and notes.\nThe bonds, notes or other obligations of a corporation shall not be a\ndebt of either the state of New York or of any participating county and\nneither the state nor any county shall be liable thereon, nor shall they\nbe payable out of any funds other than those of the corporation.\n
N.Y. Racing, Pari-Mutuel Wagering and Breeding Law § 510
State and participating counties not liable on bonds and notes
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.