Statutes > New York Statutes > PBA - Public Authorities > Article 5 - PUBLIC UTILITY AUTHORITIES > Title 8-A - (1196-A - 1196-R) NEW YORK STATE LOCAL WATER AND SEWER AUTHORITY ACT > 1196-H - State and municipalities not liable on authority bonds.

1196-H - State and municipalities not liable on authority bonds.

§  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.