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This entry was published on 2014-09-22
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SECTION 2025
State, county and municipalities not liable on bonds or notes
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 8, TITLE 13
§ 2025. State, county and municipalities not liable on bonds or notes.
The bonds or notes of the authority shall not be a debt of the state of
New York or of the county or of any municipality in the county, and
neither the state nor the county nor any municipality in the county
shall be liable thereon, nor shall they be payable out of any funds
other than those of the authority.