N.Y. Public Authorities Law Section 2049-J
State, town and municipalities not liable on bonds


Neither the state, town nor any other municipality or public corporation shall be liable on the bonds of the authority and such bonds shall not be a debt of the state, town or any other municipality or public corporation, and such bonds shall contain, on the face thereof, a statement to such effect.

Source: Section 2049-J — State, town and municipalities not liable on bonds, https://www.­nysenate.­gov/legislation/laws/PBA/2049-J (updated Sep. 22, 2014; accessed Apr. 27, 2024).

Accessed:
Apr. 27, 2024

Last modified:
Sep. 22, 2014

§ 2049-J’s source at nysenate​.gov

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