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N.Y. PBA Law § 534

This is the official text of N.Y. PBA Law § 534, 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 not liable on bonds

Official statutory text

§ 534. State not liable on bonds. The bonds and other obligations of\nthe authority shall not be a debt of the state and the state shall not\nbe liable thereon, nor shall they be payable out of any funds other than\nthose of the authority.\n

Status: in_force · Read it on the official government site

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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.