Legislation
SECTION 2049-J
State, town and municipalities not liable on bonds
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 8, TITLE 13-F
§ 2049-j. State, town and municipalities not liable on bonds. Neither
the state, town nor any other municipality or public corporation shall
be liable on the bonds of the authority and such bonds shall not be a
debt of the state, town or any other municipality or public corporation,
and such bonds shall contain, on the face thereof, a statement to such
effect.
the state, town nor any other municipality or public corporation shall
be liable on the bonds of the authority and such bonds shall not be a
debt of the state, town or any other municipality or public corporation,
and such bonds shall contain, on the face thereof, a statement to such
effect.