Laws of New York (Last Updated: November 21, 2014) |
PBA Public Authorities |
Article 5. PUBLIC UTILITY AUTHORITIES |
Title 2. ALBANY LIGHT, HEAT AND POWER AUTHORITY |
Section 1037. State and county not liable on bonds
Latest version.
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The bonds and other obligations of the authority shall not be a debt of the state or of the county, and, subject to section one thousand forty-one, the board shall have no power to make them payable out of any funds except those of the authority. * NB Terminated July 1, 1963