Legislation
SECTION 15
State and city not liable on bonds and notes
New York City Health and Hospitals Corporation Act 1016/69 (HHC) CHAPTER 1016
§ 15. State and city not liable on bonds and notes. The bonds, notes
or other obligations of the corporation shall not be a debt of either
the state of New York or of the city of New York, 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 corporation.
or other obligations of the corporation shall not be a debt of either
the state of New York or of the city of New York, 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 corporation.