Statute · New York Public Authorities Law
N.Y. Pub. Auth. Law § 1368 — State, city and town not liable on bonds
N.Y. Pub. Auth. Law § 1368
- Type
- Statute
- Source
- New York Public Authorities Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 1368. State, city and town not liable on bonds. The bonds and other obligations of the authority shall not be a debt of the state of New York, of the city or of the town, and neither the state, the city, nor the town shall be liable thereon, nor shall they be payable out of any funds other…
Citator
N.Y. Pub. Auth. Law § 1368 — State, city and town not liable on bonds is in force in the current edition of the Code, and nothing recorded condemns it.
§ 1368. State, city and town not liable on bonds. The bonds and other obligations of the authority shall not be a debt of the state of New York, of the city or of the town, and neither the state, the city, nor the town shall be liable thereon, nor shall they be payable out of any funds other than those of the authority.