State and Municipalities Not Liable on Authority Bonds.

  1. Law
  2. New York Laws
  3. Public Authorities
  4. Public Utility Authorities
  5. New York State Local Water and Sewer Authority Act
  6. State and Municipalities Not Liable on Authority Bonds.

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§ 1196-h. State and municipalities not liable on authority bonds. Neither the state nor any municipality shall be liable on the bonds of an authority and such bonds shall not be a debt of the state or of any municipality.



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