Statute · New York Arts and Cultural Affairs Law
N.Y. Arts & Cult. Aff. Law § 20.27 — State and municipalities not liable on bonds and notes
N.Y. Arts & Cult. Aff. Law § 20.27
- Type
- Statute
- Source
- New York Arts and Cultural Affairs Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 20.27. State and municipalities not liable on bonds and notes. The bonds, notes and other obligations of the trust shall not be a debt of the state or of any municipality or county in the state, and neither the state nor any municipality or county shall be liable thereon.
Citator
N.Y. Arts & Cult. Aff. Law § 20.27 — State and municipalities not liable on bonds and notes is in force in the current edition of the Code, and nothing recorded condemns it.
§ 20.27. State and municipalities not liable on bonds and notes. The bonds, notes and other obligations of the trust shall not be a debt of the state or of any municipality or county in the state, and neither the state nor any municipality or county shall be liable thereon.