ยง 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.
Structure New York Laws
Article 5 - Public Utility Authorities
Title 8-A - New York State Local Water and Sewer Authority Act
1196-C - Organization of Authorities.
1196-D - General Powers of an Authority.
1196-E - Transfer of Officers and Employees.
1196-F - Bonds and Notes of an Authority.
1196-G - Remedies of Bondholders.
1196-H - State and Municipalities Not Liable on Authority Bonds.
1196-I - Moneys of an Authority.
1196-J - Bonds Legal Investment for Fiduciaries.
1196-K - Agreement With the State.
1196-L - Exemption From Taxes, Assessments and Certain Fees; Payments in Lieu of Taxes.
1196-M - Actions Against an Authority.
1196-N - Interest in Contracts Prohibited.
1196-O - Equal Employment Opportunity.