* ยง 1037. State and county not liable on bonds. The bonds and other
obligations of the authority shall not be a debt of the state or of the
county, and, subject to section one thousand forty-one, the board shall
have no power to make them payable out of any funds except those of the
authority.
* NB Terminated July 1, 1963
Structure New York Laws
Article 5 - Public Utility Authorities
Title 2 - Albany Light, Heat and Power Authority
1026 - Albany Light, Heat and Power Authority.
1028 - Enlargement of District.
1030 - Deposit for Temporary Possession of Property.
1031 - Properties Acquired by the Authority.
1032 - Power to Furnish Service Within District.
1033 - Power to Contract With Municipalities Within District.
1035 - Bonds of the Authority.
1037 - State and County Not Liable on Bonds.
1038 - When Bonds Legal Investments for Fiduciaries.
1039 - Exemption From Taxation.
1040 - Remedies of Bondholders.
1041 - County May Levy Tax Within District.
1042 - Examination by Comptroller.
1043 - Title Not Affected if in Part Unconstitutional or Ineffective.