Public corporations; restrictions on creation and powers; accounts; obligations 6. Liability of state for payment of bonds of public corporation to construct state thruways; use of state canal lands and properties

§ 5. No public corporation (other than a county, city, town, village,\nschool district or fire district or an improvement district established\nin a town or towns) possessing both the power to contract indebtedness\nand the power to collect rentals, charges, rates or fees for the\nservices or facilities furnished or supplied by it shall hereafter be\ncreated except by special act of the legislature.\n No such public corporation (other than a county or city) shall\nhereafter be given both the power to contract indebtedness and the\npower, within any city, to collect rentals, charges, rates or fees from\nthe owners of real estate, or the occupants of real estate (other than\nthe occupants of premises owned or controlled by such corporation or by\nthe state or any civil division thereof), for services or facilities\nfurnished or supplied in connection with such real estate, if such\nservices or facilities are of a character or nature then or formerly\nfurnished or supplied by the city, unless the electors of the city shall\napprove the granting to such corporation of such powers by a majority\nvote at a general or special election in such city; but this paragraph\nshall not apply to a corporation created pursuant to an interstate\ncompact.\n The accounts of every such public corporation heretofore or hereafter\ncreated shall be subject to the supervision of the state comptroller,\nor, if the member or members of such public corporation are appointed by\nthe mayor of a city, to the supervision of the comptroller of such city;\nprovided, however, that this provision shall not apply to such a public\ncorporation created pursuant to agreement or compact with another state\nor with a foreign power, except with the consent of the parties to such\nagreement or compact.\n Neither the state nor any political subdivision thereof shall at any\ntime be liable for the payment of any obligations issued by such a\npublic corporation heretofore or hereafter created, nor may the\nlegislature accept, authorize acceptance of or impose such liability\nupon the state or any political subdivision thereof; but the state or a\npolitical subdivision thereof may, if authorized by the legislature,\nacquire the properties of any such corporation and pay the indebtedness\nthereof.\n