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The Laws of New York
Consolidated Laws of New York
CHAPTER 47-A
Racing, Pari-Mutuel Wagering and Breeding Law
ARTICLE 5
Regional Off-track Betting Corporations
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SECTION 509-A
Capital acquisition fund
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ARTICLE 5
Regional Off-track Betting Corporations
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SECTION 511
State's right to require redemption of bonds
This entry was published on 2014-09-22
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SECTION 510
State and participating counties not liable on bonds and notes
Racing, Pari-Mutuel Wagering and Breeding Law (PML) CHAPTER 47-A, ARTICLE 5
§ 510. State and participating counties not liable on bonds and notes.
The bonds, notes or other obligations of a corporation shall not be a
debt of either the state of New York or of any participating county and
neither the state nor any county shall be liable thereon, nor shall they
be payable out of any funds other than those of the corporation.