N.Y. PBA Law § 908
This is the official text of N.Y. PBA Law § 908, 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 and county not liable on authority bonds
Official statutory text
§ 908. State and county not liable on authority bonds. 1. The state\nshall not be liable on the bonds or notes of the authority and such\nbonds or notes shall not be a debt of the state, and such bonds and\nnotes shall contain on the face thereof a statement to such effect.\n 2. The county shall not be liable on the bonds or notes of the\nauthority and such bonds or notes shall not be a debt of the county, and\nsuch bonds and notes shall contain on the face thereof a statement to\nsuch effect or a statement describing the county liability thereon, if\nany.\n
Status: in_force · Read it on the official government site
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