Statute · New York Public Authorities Law
N.Y. Pub. Auth. Law § 1103 — State, county and municipalities not liable on bonds or notes
N.Y. Pub. Auth. Law § 1103
- Type
- Statute
- Source
- New York Public Authorities Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 1103. State, county and municipalities not liable on bonds or notes. The bonds or notes of the authority shall not be a debt of the state of New York or of the county or of any municipality in the county, and neither the state nor the county nor any municipality in the county shall be liable…
Citator
N.Y. Pub. Auth. Law § 1103 — State, county and municipalities not liable on bonds or notes is in force in the current edition of the Code, and nothing recorded condemns it.
§ 1103. State, county and municipalities not liable on bonds or notes. The bonds or notes of the authority shall not be a debt of the state of New York or of the county or of any municipality in the county, and neither the state nor the county nor any municipality in the county shall be liable thereon, nor shall they be payable out of any funds other than those of the authority.