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This entry was published on 2014-09-22
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SECTION 2046-D
State and town not liable on bonds or notes
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 8, TITLE 13-C
§ 2046-d. State and town not liable on bonds or notes. Neither the
state, the town nor any other municipality or other public corporation
shall be liable on the bonds and notes of the agency and such bonds and
notes shall not be a debt of the state, the town or any other
municipality or public corporation, and such bonds and notes shall
contain on the face thereof a statement to such effect.