N.Y. Public Authorities Law Section 2721
State, counties and municipalities not liable on bonds


Neither the state, the counties 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, the counties, any other municipality or public corporation, and such bonds shall contain on the face thereof, a statement to such effect.

Source: Section 2721 — State, counties and municipalities not liable on bonds, https://www.­nysenate.­gov/legislation/laws/PBA/2721 (updated Sep. 22, 2014; accessed Oct. 26, 2024).

Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 2721’s source at nysenate​.gov

Link Style