Statute · New York Transportation Law
N.Y. Transp. Law § 63 — Liability of state or municipality
N.Y. Transp. Law § 63
- Type
- Statute
- Source
- New York Transportation Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 63. Liability of state or municipality. The bonds or other obligations of the Utica transit authority shall not be a debt of the state or a municipality and neither the state nor a municipality shall be liable thereon nor shall the Utica transit authority have power in any way to pledge the…
Citator
N.Y. Transp. Law § 63 — Liability of state or municipality is in force in the current edition of the Code, and nothing recorded condemns it.
§ 63. Liability of state or municipality. The bonds or other obligations of the Utica transit authority shall not be a debt of the state or a municipality and neither the state nor a municipality shall be liable thereon nor shall the Utica transit authority have power in any way to pledge the credit of the state or a municipality, nor shall the transfer from the Utica transit authority to a municipality or the vesting in a municipality of property theretofore belonging to the Utica transit authority impose upon the municipality any obligations except such as it may expressly assume.