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This entry was published on 2014-09-22
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State, county and municipalities not liable on bonds
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 5, TITLE 4
§ 1083. State, county and municipalities not liable on bonds. The
bonds of the authority shall not be a debt of the state of New York or
of the county or of any municipality in the county, and neither the
state nor the county nor any municipality in the county shall be liable
thereon, nor shall they be payable out of any funds other than those of
the authority.