ยง  1115-z.  Limited liability. Neither the members of the authority or
  the water board, nor any officer or employee of  the  authority  or  the
  water  board  acting in behalf thereof, while acting within the scope of
  his authority, shall be subject to any liability resulting from (i)  the
  construction,   ownership,  maintenance  or  operation  of  any  project
  financed with the assistance of the authority,  (ii)  the  construction,
  ownership,  maintenance  or operation of any sewerage system or facility
  or water system or facility owned by the water board, or (iii)  carrying
  out  any  of the powers expressly given in this title. Any member of the
  authority, either appointed by the governor or an employee of the  state
  shall  be  deemed  an "employee" for purposes of section eighteen of the
  public officers law for any actions relating to their  activities  as  a
  member of the authority created by this state.
Structure New York Laws
Article 5 - Public Utility Authorities
Title 6 - Albany Municipal Water Finance Authority
1115-B - Albany Municipal Water Finance Authority.
1115-C - General Powers of the Authority.
1115-D - Approval of Projects.
1115-F - General Powers of the Water Board.
1115-G - Transfer of Sewerage or Water Systems by the City to the Water Board.
1115-H - Agreement Among the Water Board, the City and the Authority for the Provision of Projects.
1115-I - Imposition and Disposition of Fees, Rates, Rents or Charges.
1115-J - Tax Exemption of the Water Board Property and Activities.
1115-K - Pledge Effective Without Filing or Recording.
1115-L - Governmental Capacity of the Authority, the Water Board and the City.
1115-M - Transfer of Officers and Employees.
1115-N - Bonds of the Authority.
1115-O - Remedies of Bondholders.
1115-P - State, City and Water Board Not Liable on Authority Bonds.
1115-Q - Moneys of the Authority.
1115-R - Bonds Legal Investment for Fiduciaries.
1115-S - Agreement of the State.
1115-T - Exemption From Taxes, Assessments and Certain Fees; Payments in Lieu of Taxes.
1115-U - Actions Against Authority and Water Board.
1115-W - Interest in Contracts Prohibited.
1115-X - Authority, Water Board and City to Take Affirmative Action.