Section 2040-D. State, towns and municipalities not liable on bonds or notes

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Neither the state, the towns nor any other municipality or public  corporation shall be liable on the bonds and notes of the authority  and
  such  bonds  and  notes shall not be a debt of the state, the towns, any
  other municipality or public corporation, and such bonds and notes shall
  contain on the face thereof, a statement to such effect.

                    
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