Laws of New York (Last Updated: November 21, 2014)

Section 63. Liability of state or municipality

Latest version.

The  bonds  or  other
  obligations of the Utica transit authority shall not be a  debt  of  the
  state  or  a municipality and neither the state nor a municipality shall
  be liable thereon nor shall the Utica transit authority  have  power  in
  any  way  to pledge the credit of the state or a municipality, nor shall
  the transfer from the Utica transit authority to a municipality  or  the
  vesting in a municipality of property theretofore belonging to the Utica
  transit  authority  impose  upon the municipality any obligations except
  such as it may expressly assume.

                    
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