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The Laws of New York
Consolidated Laws of New York
CHAPTER 43-A
Public Authorities
ARTICLE 4
Market Authorities
TITLE 5
Long Island Market Authority
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SECTION 907
Remedies of bondholders
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TITLE 5
Long Island Market Authority
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SECTION 909
Monies of the authority
This entry was published on 2014-09-22
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SECTION 908
State and county not liable on authority bonds
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 4, TITLE 5
§ 908. State and county not liable on authority bonds. 1. The state
shall not be liable on the bonds or notes of the authority and such
bonds or notes shall not be a debt of the state, and such bonds and
notes shall contain on the face thereof a statement to such effect.

2. The county shall not be liable on the bonds or notes of the
authority and such bonds or notes shall not be a debt of the county, and
such bonds and notes shall contain on the face thereof a statement to
such effect or a statement describing the county liability thereon, if
any.