State and county not liable on bonds
Source:
Section 1037 — State and county not liable on bonds, https://www.nysenate.gov/legislation/laws/PBA/1037 (updated Sep. 22, 2014; accessed Oct. 25, 2025).
1025
Short title 1026
Albany Light, Heat and Power Authority 1027
Members of authority 1028
Enlargement of district 1029
Powers of the board 1030
Deposit for temporary possession of property 1031
Properties acquired by the authority 1032
Power to furnish service within district 1033
Power to contract with municipalities within district 1034
Sale of surplus 1035
Bonds of the authority 1036
Referendum 1037
State and county not liable on bonds 1038
When bonds legal investments for fiduciaries 1039
Exemption from taxation 1040
Remedies of bondholders 1041
County may levy tax within district 1042
Examination by comptroller 1043
Title not affected if in part unconstitutional or ineffective 1044
Inconsistent provisions in other acts superseded
Short title 1026
Albany Light, Heat and Power Authority 1027
Members of authority 1028
Enlargement of district 1029
Powers of the board 1030
Deposit for temporary possession of property 1031
Properties acquired by the authority 1032
Power to furnish service within district 1033
Power to contract with municipalities within district 1034
Sale of surplus 1035
Bonds of the authority 1036
Referendum 1037
State and county not liable on bonds 1038
When bonds legal investments for fiduciaries 1039
Exemption from taxation 1040
Remedies of bondholders 1041
County may levy tax within district 1042
Examination by comptroller 1043
Title not affected if in part unconstitutional or ineffective 1044
Inconsistent provisions in other acts superseded
