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  • SECTION 1120-I
    Remedies of bondholders
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  • TITLE 6-B
    Clifton Park Water Authority
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  • SECTION 1120-K
    Moneys of the authority
    • Viewing most recent revision (from 2014-09-22)

    SECTION 1120-J

    State and town not liable on authority bonds

    Public Authorities (PBA) CHAPTER 43-A, ARTICLE 5, TITLE 6-B

    § 1120-j. State and town not liable on authority bonds. Neither the
    state nor the town shall be liable on the bonds of the authority and
    such bonds shall not be a debt of the state, or the town, and such bonds
    shall contain, on the face thereof, a statement to such effect.