N.Y. Urban Development Corporation Act 174/68 § 59: The dormitory authority of the state of New York, the New York state urban development corporation, and the New York state thruway author...

§ 59. The dormitory authority of the state of New York, the New York

state urban development corporation, and the New York state thruway

authority are hereby authorized to issue bonds in one or more series

under either article 5-C or article 5-F of the state finance law for the

purpose of refunding obligations of the power authority of the state of

New York to fund energy efficiency projects at state agencies including,

but not limited to, the state university of New York, city university of

New York, the New York state office of general services, New York state

office of mental health, state education department, and New York state

department of agriculture and markets. The aggregate principal amount of

bonds authorized to be issued pursuant to this section shall not exceed

four hundred seventy-five million dollars ($475,000,000), excluding

bonds issued to pay costs of issuance of such bonds and to refund or

otherwise repay such bonds. Such bonds issued by the dormitory authority

of the state of New York, the New York state urban development

corporation, and New York state thruway authority shall not be a debt of

the state, and the state shall not be liable thereon, nor shall they be

payable out of any funds other than those appropriated by the state

under article 5-C or article 5-F of the state finance law, as

applicable.