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This entry was published on 2014-09-22
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SECTION 2675-L
State, county and city not liable on bonds
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 8, TITLE 28-BB
§ 2675-l. State, county 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, the county of Albany or the city of Albany, and neither the
state, the county nor the city shall be liable thereon, nor shall they
be payable out of any funds other than those of the authority. All such
bonds and notes of the authority shall contain on the face thereof a
statement to that effect.