Legislation

Search OpenLegislation Statutes

previous
  • SECTION 563
    Agreement of the state
    • up
  • TITLE 3
    Triborough Bridge Authority
    • next
  • SECTION 565
    Bonds legal investments for fiduciaries
    • Viewing most recent revision (from 2014-09-22)

    SECTION 564

    State and city not liable on bonds

    Public Authorities (PBA) CHAPTER 43-A, ARTICLE 3, TITLE 3

    § 564. 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 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.