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The Laws of New York
Consolidated Laws of New York
CHAPTER 43-A
Public Authorities
ARTICLE 5
Public Utility Authorities
TITLE 10-B
Niagara Falls Public Water Authority
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SECTION 1230-N
Remedies of bondholders
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TITLE 10-B
Niagara Falls Public Water Authority
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SECTION 1230-P
Moneys of the authority
This entry was published on 2014-09-22
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SECTION 1230-O
State, city, water board or municipality, other than the authority, not liable on authority bonds
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 5, TITLE 10-B
§ 1230-o. State, city, water board or municipality, other than the
authority, not liable on authority bonds. Neither the state, the city,
the water board nor any municipality, other than the authority, shall be
liable on the bonds of the authority and such bonds shall not be a debt
of either the state, the water board, the city or any municipality, and
each such bond shall contain, on the face thereof, a statement to such
effect.