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  • SECTION 14
    Agreement of the state
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  • CHAPTER 1016
    New York City health and hospitals corporation act 1016/69
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  • SECTION 16
    City's right to require redemption of bonds
    • Viewing most recent revision (from 2014-09-22)

    SECTION 15

    State and city not liable on bonds and notes

    New York City Health and Hospitals Corporation Act 1016/69 (HHC) CHAPTER 1016

    § 15. State and city not liable on bonds and notes. The bonds, notes
    or other obligations of the corporation shall not be a debt of either
    the state of New York or of the city of New York, and neither the state
    nor the city shall be liable thereon, nor shall they be payable out of
    any funds other than those of the corporation.