{"data":{"id":"us-ny/n.y.-public-authorities-law-3409","jurisdiction":"us-ny","citation":"N.Y. Public Authorities Law § 3409","heading":"State and county not liable on corporation bonds","body":"§ 3409. State and county not liable on corporation bonds.  (a) The\nstate shall not be liable on the bonds or notes of the corporation and\nsuch bonds or notes shall not be a debt of the state, and such bonds and\nnotes shall contain on the face thereof a statement to such effect.\n  (b) Except as may be authorized by the county pursuant to section\nseven of article seventeen of the state constitution and section\nthirty-four hundred seven of this title, the county shall not be liable\non the bonds or notes of the corporation and such bonds or notes shall\nnot be a debt of the county, and such bonds and notes shall contain on\nthe face thereof a statement to such effect or a statement describing\nthe county liability thereon, if any.","path":["Public Authorities Law","Article 10-C. New York Health Care Corporations","Title 2. Nassau Health Care Corporation"],"source_url":"https://legislation.nysenate.gov/api/3/laws/PBA/3409","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"caeb413a728e0126e8a0b37fd06818dc8a5738f641ee917d9d866979597f92ee","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-public-authorities-law-3408","next":"us-ny/n.y.-public-authorities-law-3410"},"notice":"GroundRules: Original legal text. Not legal advice."}