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This entry was published on 2014-09-22
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State and city not liable on bonds
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 7, TITLE 4
§ 1475-l. State and city not liable on bonds. The bonds and other
obligations of the authority shall not be a debt of the state of New
York or of the city, and neither the state nor the city shall be liable
thereon, nor shall they be payable out of any funds other than those of
the authority.