New York Laws
Title 6 - Erie County Medical Center Corporation
3635 - State and County Not Liable on Corporation Bonds.

§ 3635. State and county not liable on corporation bonds. 1. The state
shall not be liable on the bonds or notes of the corporation, and such
bonds or notes shall not be a debt of the state, and such bonds and
notes shall contain on the face thereof a statement to such effect.

2. Except as may be authorized by the county pursuant to section seven
of article seventeen of the state constitution and section thirty-six
hundred thirty-two of this title, the county shall not be liable on the
bonds or notes of the corporation, and such bonds or notes shall not be
a debt of the county, and such bonds and notes shall contain on the face
thereof a statement to such effect or a statement describing the county
liability thereon, if any.

Structure New York Laws