Legislation
SECTION 2050-J
State, county and municipalities not liable on agency bonds
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 8, TITLE 13-G
§ 2050-j. State, county and municipalities not liable on agency bonds.
Neither the state, the county nor any other municipality or public
corporation shall be liable on the bonds of the agency and such bonds
shall not be a debt of the state, the county or any other municipality
or public corporation and such bonds shall contain on the face thereof,
a statement to such effect.
Neither the state, the county nor any other municipality or public
corporation shall be liable on the bonds of the agency and such bonds
shall not be a debt of the state, the county or any other municipality
or public corporation and such bonds shall contain on the face thereof,
a statement to such effect.