Legislation

Search OpenLegislation Statutes

previous
  • SECTION 1199-HHHH*2
    Remedies of bondholders
    • up
  • TITLE 8-G*
    Livingston County Water and Sewer Authority
    • next
  • SECTION 1199-JJJJ*2
    Moneys of the authority
    • Viewing most recent revision (from 2014-09-22)

    SECTION 1199-IIII*2

    State and municipalities not liable on authority bonds

    Public Authorities (PBA) CHAPTER 43-A, ARTICLE 5, TITLE 8-G*

    * § 1199-iiii. 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, and such bonds shall contain on the face thereof a
    statement to such effect.

    * NB There are 2 § 1199-iiii's