Statute · New York Public Authorities Law
N.Y. Pub. Auth. Law § 1979 — State and city not liable on bonds and notes
N.Y. Pub. Auth. Law § 1979
- Type
- Statute
- Source
- New York Public Authorities Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 1979. State and city not liable on bonds and notes. The bonds, notes and other obligations of the authority shall not be a debt of the state of New York or of the city, and neither the state nor the city shall be liable thereon, nor shall they be payable out of any funds other than those of…
Citator
N.Y. Pub. Auth. Law § 1979 — State and city not liable on bonds and notes is in force in the current edition of the Code, and nothing recorded condemns it.
§ 1979. State and city not liable on bonds and notes. The bonds, notes and other obligations of the authority shall not be a debt of the state of New York or of the city, and neither the state nor the city shall be liable thereon, nor shall they be payable out of any funds other than those of the authority.