N.Y. Public Authorities Law § 2542: State and city not liable on notes and bonds

§ 2542. State and city not liable on notes and bonds. The notes, bonds

or other obligations of the corporation shall not be a debt of either

the state or 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 corporation; and such notes and bonds shall contain on the

face thereof a statement to such effect.