N.Y. Public Authorities Law 1621-L – State and city not liable on bonds

Current as of: 2024 | Check for updates | Other versions

* § 1621-l. State and city not liable on bonds. The bonds, notes and other obligations of the authority shall not be a debt of the state of New York or of the city, and neither the state nor the city shall be liable thereon, nor shall they be payable out of any funds other than those of the authority.

* NB Repealed per § 1621-r (see chapter 597 of 2023 § 2 for specifics)