State or municipality not liable on authority bonds

N.Y. Public Authorities Law § 1947, under Upper Mohawk Valley Memorial Auditorium Authority.

N.Y. Public Authorities Law § 1947

§ 1947. State or municipality not liable on authority bonds. Neither the state nor any municipality shall be liable on the bonds of the authority and such bonds shall not be a debt of either the state, or any municipality, and each such bond shall contain, on the face thereof, a statement to such effect.