N.Y. Pub. Auth. Law § 1621-L

Current through 2024 NY Law Chapter 456
Section 1621-L - [Expires Effective upon the occurrence of the events set forth in Public Authorities Law 1621-R] State and city not liable on bonds

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.

N.Y. Pub. Auth. Law § 1621-L

Added by New York Laws 2023, ch. 597,Sec. 1, eff. 10/25/2023, exp. upon the occurrence of the events set forth in Public Authorities Law 1621-R.
Repealed by New York Laws 2023, ch. 597,Sec. 1, eff. 10/25/2023.