New York Public Authorities Code § 1961

State and city not liable on bonds
Open in Lexace · Ask the AI about this section
§ 1961. State and city not liable on bonds. The bonds and other\nobligations of the authority shall not be a debt of the state or of the\ncity, and neither the state nor the city shall be liable thereon, nor\nshall they be payable out of any funds other than those of the\nauthority.\n

‹ Prev All New York sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.