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This entry was published on 2014-09-22
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SECTION 2049-JJ
State, counties and municipalities not liable on authority bonds
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 8, TITLE 13-FF
§ 2049-jj. State, counties and municipalities not liable on authority
bonds. Neither the state, the counties nor any other muncipality or
public corporation shall be liable on the bonds of the authority and
such bonds shall not be a debt of the state, the counties or any other
municipality or public corporation, and such bond shall contain on the
face thereof, a statement to such effect.