Statute · New York Public Authorities Law
N.Y. Pub. Auth. Law § 159 — State not liable on bonds
N.Y. Pub. Auth. Law § 159
- Type
- Statute
- Source
- New York Public Authorities Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
* § 159. State not liable on bonds. The bonds and other obligations of the authority shall not be a debt of the state and the state shall not be liable thereon nor shall they be payable out of any funds other than those of the authority.
Citator
N.Y. Pub. Auth. Law § 159 — State not liable on bonds is in force in the current edition of the Code, and nothing recorded condemns it.
* § 159. State not liable on bonds. The bonds and other obligations of the authority shall not be a debt of the state and the state shall not be liable thereon nor shall they be payable out of any funds other than those of the authority.
* NB (Authority abolished June 30, 1978)