N.Y. Gen. Mun. Law § 870

Current through 2024 NY Law Chapters 1-50, 52-55, 57, 61-117

Section 870 - State and municipality not liable on bonds or notes

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