Legislation
SECTION 2787
State and county not liable on authority bonds
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 8, TITLE 32
§ 2787. State and county not liable on authority bonds. Neither the
state nor the county shall be liable on the bonds of the authority and
such bonds shall not be a debt of the state or the county, and such
bonds shall contain on the face thereof a statement to such effect.
state nor the county shall be liable on the bonds of the authority and
such bonds shall not be a debt of the state or the county, and such
bonds shall contain on the face thereof a statement to such effect.