Section 3310. State and county not liable on corporation bonds  


Latest version.
  • (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 county pursuant to section
      seven of  article  seventeen  of  the  state  constitution  and  section
      thirty-three hundred eight 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.