Legislation
SECTION 1037
State and county not liable on bonds
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 5, TITLE 2
* § 1037. State and county not liable on bonds. The bonds and other
obligations of the authority shall not be a debt of the state or of the
county, and, subject to section one thousand forty-one, the board shall
have no power to make them payable out of any funds except those of the
authority.
* NB Terminated July 1, 1963
obligations of the authority shall not be a debt of the state or of the
county, and, subject to section one thousand forty-one, the board shall
have no power to make them payable out of any funds except those of the
authority.
* NB Terminated July 1, 1963