Statutes, codes, and regulations
Consolidated Laws of New York
Chapter - PUBLIC AUTHORITIESArticle 5 - PUBLIC UTILITY AUTHORITIES
Title 9 - NEW YORK CITY TRANSIT AUTHORITY
Section 1207-E - State and city not liable on bonds or notes

N.Y. Pub. Auth. Law § 1207-E

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Current through 2024 NY Law Chapter 553
Section 1207-E - State and city not liable on bonds or notes

The bonds and notes of the authority shall not be a debt of the state of New York or 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.

N.Y. Pub. Auth. Law § 1207-E