Statute · New York Public Authorities Law

N.Y. Pub. Auth. Law § 2514 — State and city not liable on bonds and notes

N.Y. Pub. Auth. Law § 2514

Type
Statute
Source
New York Public Authorities Law
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

* § 2514. 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 or of any other municipality in the state, and neither the state nor any municipality shall be liable thereon, nor shall…

Citator

N.Y. Pub. Auth. Law § 2514 — State and city not liable on bonds and notes is in force in the current edition of the Code, and nothing recorded condemns it.

* § 2514. 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 or of any other municipality in the state, and neither the state nor any municipality shall be liable thereon, nor shall they be payable out of any funds other than those of the authority.

* NB (Discontinued-Board of Directors never appointed)