N.Y. Public Authorities Law § 1599-L*4
State and city not liable on bonds
New York · New York Public Authorities Law · Status: effective · Effective 2014-09-22
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- Citation
- N.Y. Public Authorities Law § 1599-L*4, State and city not liable on bonds, New York, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1119081
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Full text
* § 1599-l. State and city not liable on bonds. The bonds and other
obligations of the authority shall not be a debt of the state or of the
city, and neither the state nor the city shall be liable thereon, nor
shall they be payable out of any funds other than those of the
authority.
* NB Authority ceased to exist 08/05/2002
* NB There are 4 § 1599-l's