Section 2514. State and city not liable on bonds and notes  


Latest version.
  • The bonds,
      notes and other obligations of the authority shall not be a debt of  the
      state  of  New  York  or of the city or of any other municipality in the
      state, and neither the  state  nor  any  municipality  shall  be  liable
      thereon,  nor shall they be payable out of any funds other than those of
      the authority.
        * NB (Discontinued-Board of Directors never appointed)