Statute · New York Public Authorities Law
N.Y. Pub. Auth. Law § 1947 — State or municipality not liable on authority bonds
N.Y. Pub. Auth. Law § 1947
- Type
- Statute
- Source
- New York Public Authorities Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 1947. State or municipality not liable on authority bonds. Neither the state nor any municipality shall be liable on the bonds of the authority and such bonds shall not be a debt of either the state, or any municipality, and each such bond shall contain, on the face thereof, a statement to…
Citator
N.Y. Pub. Auth. Law § 1947 — State or municipality not liable on authority bonds is in force in the current edition of the Code, and nothing recorded condemns it.
§ 1947. State or municipality not liable on authority bonds. Neither the state nor any municipality shall be liable on the bonds of the authority and such bonds shall not be a debt of either the state, or any municipality, and each such bond shall contain, on the face thereof, a statement to such effect.