N.Y. Public Authorities Law Section 1561*2
State and village not liable on bonds


The bonds and other obligations of the authority shall not be a debt of the state of New York or of the village, and neither the state nor the village shall be liable thereon, nor shall they be payable out of any funds other than those of the authority. * NB Dissolved December 31, 1977 * NB There are 2 § 1561’s

Source: Section 1561*2 — State and village not liable on bonds, https://www.­nysenate.­gov/legislation/laws/PBA/1561*2 (updated Sep. 22, 2014; accessed Oct. 26, 2024).

Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 1561*2’s source at nysenate​.gov

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