N.Y. PBA Law § 2567
This is the official text of N.Y. PBA Law § 2567, 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.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
State not liable on obligations
Official statutory text
§ 2567. State not liable on obligations. The obligations of the\ncorporation shall not be debts of the state, and the state shall not be\nliable thereon, and such obligations shall not be payable out of any\nfunds other than those of the corporation.\n
Status: in_force · Read it on the official government site
Need a lawyer in New York?
Find a New York lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.