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This entry was published on 2014-09-22
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SECTION 1470-K
State and city not liable on bonds
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 7, TITLE 3-A
* § 1470-k. State and city not liable on bonds. The bonds and other
obligations of the authority shall not be a debt of the state of New
York or of the city, and neither the state nor the city shall be liable
thereon, nor shall they be payable out of any funds other than those of
the authority.

* NB City of Rome Parking Authority ceased to exist 12/31/2000 per §
1470-b, and thereafter until all liabilities have been met/discharged,
and all bonds paid/discharged