New York Public Authorities Law Section 1061 - State, county and municipalities not liable on bonds.

1061. State, county and municipalities 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 county or of any municipality in the county, and neither the state nor the county nor any municipality in the county shall be liable thereon, nor shall they be payable out of any funds other than those of the authority.


Last modified: February 3, 2019