§ 1196-h. State and municipalities not liable on authority bonds. Neither the state nor any municipality shall be liable on the bonds of an authority and such bonds shall not be a debt of the state or of any municipality.
N.Y. Public Authorities Law § 1196-H, under New York State Local Water and Sewer Authority Act.
N.Y. Public Authorities Law § 1196-H
§ 1196-h. State and municipalities not liable on authority bonds. Neither the state nor any municipality shall be liable on the bonds of an authority and such bonds shall not be a debt of the state or of any municipality.