New York Laws
Title 29 - Development Authority of the North Country Act
2721 - State, Counties and Municipalities Not Liable on Bonds.

ยง 2721. State, counties and municipalities not liable on bonds.
Neither the state, the counties nor any other municipality or public
corporation shall be liable on the bonds of the authority and such bonds
shall not be a debt of the state, the counties, any other municipality
or public corporation, and such bonds shall contain on the face thereof,
a statement to such effect.