Legislation

Search OpenLegislation Statutes

Viewing most recent revision (from 2014-09-22)

SECTION 3562

State not liable on corporation bonds

Public Authorities (PBA) CHAPTER 43-A, ARTICLE 10-C, TITLE 4

§ 3562. State not liable on corporation bonds. The state shall not be
liable on the bonds or notes of the corporation and such bonds or notes
shall not be a debt of the state, and such bonds and notes shall contain
on the face thereof a statement to such effect.