ยง 583. State and county not liable on bonds or notes. The bonds,
notes, and other obligations of the authority shall not be a legal or
moral debt of the state, nor a legal debt of the county, and neither the
state nor the county shall be liable thereon, nor shall the same be
payable out of any funds other than those of the authority, unless the
county voluntarily and formally assumes liability therefor. No recent
action by the state in recognizing any legal or moral obligation for any
indebtedness of any other authority shall in any way be construed as
creating any liability for any indebtedness of this authority.
Structure New York Laws
Article 3 - Bridge and Tunnel Authorities
Title 4 - Thousand Islands Bridge Authority
577 - Thousand Islands Bridge Authority.
578 - Powers of the Authority.
579 - Transfer of Real Property to and by the Authority.
580 - Moneys of the Authority.
581 - Bonds and Notes of the Authority.
583 - State and County Not Liable on Bonds or Notes.
584 - Bonds as Legal Investments.
585 - Bonds and Notes to Be Tax Exempt.
586 - Remedies of Bondholders.
587 - Actions Against the Authority.
588 - Title Not Affected if in Part Unconstitutional or Ineffective.
590 - Inconsistent Provisions in Other Acts Superseded.
591 - Membership, Quorum, Removal, Funds and Accounts, and Eminent Domain Taking.