N.Y. PBA Law § 1130*2
This is the official text of N.Y. PBA Law § 1130*2, part of New York’s PBA Law — part of the compiled statutory law of New York, published by the state as "PBA Law." Browse the sections below, each linked to its official government source.
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State, county nor other municipality, other than authority, not liable on authority bonds
Official statutory text
* § 1130. State, county nor other municipality, other than authority,\nnot liable on authority bonds. Neither the state, the county nor any\nother municipality, other than the authority, shall be liable on the\nbonds of the authority and such bonds shall not be a debt of the state,\nthe county nor any such municipality, and each such bond shall contain,\non the face thereof, a statement to such effect.\n * NB There are 2 § 1130's\n
Status: in_force · Read it on the official government site
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