N.Y. Public Authorities Law Section 1115-P
State, city and water board not liable on authority bonds


Neither the state, nor the city, nor the water board nor any subdivision thereof shall be liable on the bonds of the authority and such bonds shall not be a debt of the state, the city, or such water board.

Source: Section 1115-P — State, city and water board not liable on authority bonds, https://www.­nysenate.­gov/legislation/laws/PBA/1115-P (updated Sep. 22, 2014; accessed Oct. 26, 2024).

Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 1115-P’s source at nysenate​.gov

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