Statutes > New York Statutes > PBA - Public Authorities > Article 7 - PARKING AUTHORITIES > Title 12 - (1597-A - 1597-S) CITY OF NEW ROCHELLE PARKING AUTHORITY > 1597-L - State and city not liable on bonds.

1597-L - State and city not liable on bonds.

§  1597-l.  State  and  city  not liable on bonds. The bonds and other  obligations of the authority shall not be a debt of  the  state  of  New  York  or of the city, and neither the state nor the city shall be liable  thereon, nor shall they be payable out of any funds other than those  of  the authority.