N.Y. Public Authorities Law § 3242: State and local governments not liable on bonds and notes

§ 3242. State and local governments not liable on bonds and notes.

The notes, bonds or other obligations of the corporation shall not be a

debt of the state or of any local government, and neither the state nor

any local government shall be liable thereon, nor shall they be payable

out of any funds other than those of the corporation; and such bonds and

notes shall contain on the face thereof a statement to such effect.