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N.Y. Public Authorities Law § 2490-K

State, city and municipalities not liable on authority bonds

New York · New York Public Authorities Law · Status: effective · Effective 2014-09-22

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N.Y. Public Authorities Law § 2490-K, State, city and municipalities not liable on authority bonds, New York, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1120000
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§ 2490-k. State, city and municipalities not liable on authority bonds. Neither the state, the city nor any other municipality or public corporation shall be liable on the bonds of the authority and such bonds shall not be a debt of the state, the city or any other municipality or public corporation, and such bonds shall contain on the face thereof a statement to such effect.