Legislation
SECTION 1232-I
State and county not liable on authority bonds
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 5, TITLE 10-D
§ 1232-i. State and county not liable on authority bonds. Neither the
state nor the county shall be liable on the bonds of the authority and
such bonds shall not be a debt of the state or the county, and such
bonds shall contain, on the face thereof, a statement to such effect.
state nor the county shall be liable on the bonds of the authority and
such bonds shall not be a debt of the state or the county, and such
bonds shall contain, on the face thereof, a statement to such effect.