N.Y. Public Authorities Law § 3635: State and county not liable on corporation bonds

§ 3635. State and county not liable on corporation bonds. 1. 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.

2. Except as may be authorized by the county pursuant to section seven

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

hundred thirty-two of this title, the county shall not be liable on the

bonds or notes of the corporation, and such bonds or notes shall not be

a debt of the county, and such bonds and notes shall contain on the face

thereof a statement to such effect or a statement describing the county

liability thereon, if any.