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The Laws of New York
Consolidated Laws of New York
CHAPTER 43-A
Public Authorities
ARTICLE 5
Public Utility Authorities
TITLE 8-A
New York State Local Water and Sewer Authority Act
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SECTION 1196-G
Remedies of bondholders
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TITLE 8-A
New York State Local Water and Sewer Authority Act
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SECTION 1196-I
Moneys of an authority
This entry was published on 2014-09-22
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SECTION 1196-H
State and municipalities not liable on authority bonds
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 5, TITLE 8-A
§ 1196-h. State and municipalities not liable on authority bonds.
Neither the state nor any municipality shall be liable on the bonds of
an authority and such bonds shall not be a debt of the state or of any
municipality.