N.Y. Public Authorities Law § 3610: State and towns not liable on corporation bonds

§ 3610. State and towns not liable on corporation bonds. (a) 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.

(b) Except as may be authorized by the town pursuant to section seven

of article seventeen of the state constitution and section thirty-six

hundred eight of this title, the town shall not be liable on the bonds

or notes of the corporation and such bonds or notes shall not be a debt

of the town, and such bonds and notes shall contain on the face thereof

a statement to such effect or a statement describing the town liability

thereon, if any.