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The Laws of New York
Consolidated Laws of New York
CHAPTER 43-A
Public Authorities
ARTICLE 8
Miscellaneous Authorities
TITLE 11
Troy Industrial Development Authority
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SECTION 1960
Agreements of the city and state
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TITLE 11
Troy Industrial Development Authority
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SECTION 1962
Bonds legal investments for public officers
This entry was published on 2014-09-22
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SECTION 1961
State and city not liable on bonds
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 8, TITLE 11
§ 1961. State and city not liable on bonds. The bonds and other
obligations of the authority shall not be a debt of the state 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.