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This entry was published on 2014-09-22
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SECTION 1197-I
State and municipalities not liable on authority bonds
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 5, TITLE 8-B
§ 1197-i. State and municipalities not liable on authority bonds.
Neither the state nor any municipality shall be liable on the bonds of
the authority and such bonds shall not be a debt of the state or of any
municipality.