Legislation
SECTION 1199-JJJJ
State and municipalities not liable on authority bonds
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 5, TITLE 8-G
* § 1199-jjjj. State and municipalities not liable on authority bonds.
Neither the state nor any municipality shall be liable on the bonds of
the authority and such bonds shall not be a debt of the state or of any
municipality and such bonds shall contain on the face thereof a
statement to such effect.
* NB There are 2 § 1199-jjjj's
Neither the state nor any municipality shall be liable on the bonds of
the authority and such bonds shall not be a debt of the state or of any
municipality and such bonds shall contain on the face thereof a
statement to such effect.
* NB There are 2 § 1199-jjjj's