ยง 2322. State and city not liable on bonds. The bonds and other
obligations of the authority shall not be a debt of the state 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.
Structure New York Laws
Article 8 - Miscellaneous Authorities
Title 15 - Auburn Industrial Development Authority
2304 - Auburn Industrial Development Authority.
2305 - Video Recordings of Open Meetings and Public Hearings.
2306 - Purpose and Powers of the Authority.
2307 - Additional Prerequisites to the Provision of Financial Assistance.
2308 - Civil Service Status of Officers and Employees.
2311 - Compensation, Procurement and Investment.
2312 - Construction and Purchase Contracts.
2314 - Moneys of the Authority.
2315 - Uniform Tax Exemption Policy.
2316 - Bonds of the Authority.
2318 - Notes of the Authority.
2320 - Agreements of the City and State.
2322 - State and City Not Liable on Bonds.
2324 - Bonds as Legal Investments.
2328 - Tax Contract by the State.
2330 - Remedies of Bondholders.
2332 - Actions Against the Authority.
2333 - Limitation of Liability.
2334 - Termination of the Authority.
2336 - Title Not Affected if in Part Unconstitutional or Ineffective.