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This entry was published on 2014-09-22
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SECTION 1115-P
State, city and water board not liable on authority bonds
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 5, TITLE 6
§ 1115-p. State, city and water board not liable on authority bonds.
Neither the state, nor the city, nor the water board nor any subdivision
thereof shall be liable on the bonds of the authority and such bonds
shall not be a debt of the state, the city, or such water board.