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  • SECTION 1946
    Remedies of bondholders
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  • TITLE 10-B
    Upper Mohawk Valley Memorial Auditorium Authority
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  • SECTION 1948
    Moneys of the authority
    • This entry was published on 2014-09-22
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    SECTION 1947

    State or municipality not liable on authority bonds

    Public Authorities (PBA) CHAPTER 43-A, ARTICLE 8, TITLE 10-B

    § 1947. State or municipality 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 either the state, or any
    municipality, and each such bond shall contain, on the face thereof, a
    statement to such effect.