Legislation
SECTION 2476
State and municipalities not liable on bonds and notes
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 8, TITLE 19
* § 2476. State and municipalities not liable on bonds and notes. The
bonds, notes and other obligations of the authority shall not be a debt
of the state of New York or of any municipality, and neither the state
nor any municipality shall be liable thereon, nor shall they be payable
out of any funds other than those of the authority.
* NB (Disbanded March, 1980)
bonds, notes and other obligations of the authority shall not be a debt
of the state of New York or of any municipality, and neither the state
nor any municipality shall be liable thereon, nor shall they be payable
out of any funds other than those of the authority.
* NB (Disbanded March, 1980)