N.Y. Executive Law 527-M – Liability on obligations
Current as of: 2024 | Check for updates
|
Other versions
§ 527-m. Liability on obligations. Except for obligations which the division or New York state urban development corporation assumes by contract for the construction, rehabilitation and development period of any project, neither the division, the New York state urban development corporation nor the state shall have any responsibility or liability as to construction, rehabilitation, operation, maintenance, repair or use of youth center facilities unless otherwise specifically provided by law.
Terms Used In N.Y. Executive Law 527-M
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.