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This entry was published on 2014-09-22
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SECTION 2050-JJ
State, towns and municipalities not liable on authority bonds
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 8, TITLE 13-H
§ 2050-jj. State, towns and municipalities not liable on authority
bonds. Neither the state, the towns 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, the towns or any other municipality or
public corporation, and such bond shall contain on the face thereof, a
statement to such effect.