Statutes, codes, and regulations
Consolidated Laws of New York
Chapter - PUBLIC AUTHORITIESArticle 5 - PUBLIC UTILITY AUTHORITIES
Title 10-B - NIAGARA FALLS PUBLIC WATER AUTHORITY
Section 1230-O - State, city, water board or municipality, other than the authority, not liable on authority bonds

N.Y. Pub. Auth. Law § 1230-O

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Current through 2024 NY Law Chapter 553
Section 1230-O - State, city, water board or municipality, other than the authority, not liable on authority bonds

Neither the state, the city, the water board nor any municipality, other than the authority, shall be liable on the bonds of the authority and such bonds shall not be a debt of either the state, the water board, the city or any municipality, and each such bond shall contain, on the face thereof, a statement to such effect.

N.Y. Pub. Auth. Law § 1230-O