§ 3104. State not liable for obligations. No obligation of the corporation shall be a debt of the state, and the corporation shall have no power to make its obligations payable out of any property or moneys except those of the corporation.
N.Y. Public Authorities Law § 3104, under New York State Science and Technology Foundation.
N.Y. Public Authorities Law § 3104
§ 3104. State not liable for obligations. No obligation of the corporation shall be a debt of the state, and the corporation shall have no power to make its obligations payable out of any property or moneys except those of the corporation.