Statute · New York Public Authorities Law
N.Y. Pub. Auth. Law § 1037 — State and county not liable on bonds
N.Y. Pub. Auth. Law § 1037
- Type
- Statute
- Source
- New York Public Authorities Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
* § 1037. State and county not liable on bonds. The bonds and other obligations of the authority shall not be a debt of the state or of the county, and, subject to section one thousand forty-one, the board shall have no power to make them payable out of any funds except those of the authority.
Citator
N.Y. Pub. Auth. Law § 1037 — State and county not liable on bonds is in force in the current edition of the Code, and nothing recorded condemns it.
* § 1037. State and county not liable on bonds. The bonds and other obligations of the authority shall not be a debt of the state or of the county, and, subject to section one thousand forty-one, the board shall have no power to make them payable out of any funds except those of the authority.
* NB Terminated July 1, 1963