N.Y. Public Authorities Law § 2642-r: State, participating counties, and municipalities not liable for obligations of authority
Where this section sits in the code
- Public Authorities Law
- Article 8. Miscellaneous Authorities
- Title 28-AA. Chautauqua, Cattaraugus, Allegany and Steuben Southern Tier Extension Railroad Authority
§ 2642-r. State, participating counties, and municipalities not liable
for obligations of authority. 1. Neither the state, the participating
counties, nor any municipality or public corporation shall be liable on
any bond, note or other obligation of the authority, and such bonds,
notes or other obligations shall not be debts of the state, the
participating counties, nor any municipality or public corporation, and
such bonds, notes or other obligations shall contain a statement to such
effect.
2. Nothing in this title shall be construed to obligate the state in
any way in connection with the operations and obligations of the
authority.
Collected 2026-09-14T19:32:45Z. Source file · JSON