N.Y. Public Authorities Law Section 2025
State, county and municipalities not liable on bonds or notes

The bonds or notes of the authority shall not be a debt of the state of New York or of the county or of any municipality in the county, and neither the state nor the county nor any municipality in the county shall be liable thereon, nor shall they be payable out of any funds other than those of the authority.

Source: Section 2025 — State, county and municipalities not liable on bonds or notes, https://www.nysenate.gov/legislation/laws/PBA/2025 (updated Sep. 22, 2014; accessed Apr. 20, 2024).

Up to date

Accessed:
Apr. 20, 2024

Last modified:
Sep. 22, 2014

§ 2025’s source at nysenate.gov

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Location: https://newyork.public.law/laws/n.y._public_authorities_law_section_2025

Original Source: Section 2025 — State, county and municipalities not liable on bonds or notes, https://www.nysenate.gov/legislation/laws/PBA/2025 (last accessed Aug. 20, 2023).

N.Y. Public Authorities Law Section 2025 State, county and municipalities not liable on bonds or notes

N.Y. Public Authorities Law Section 2025
State, county and municipalities not liable on bonds or notes