Statutes > New York Statutes > PBA - Public Authorities > Article 8 - MISCELLANEOUS AUTHORITIES > Title 10-B - (1940 - 1949-K) UPPER MOHAWK VALLEY MEMORIAL AUDITORIUM AUTHORITY > 1947 - State or municipality not liable on authority bonds.

1947 - State or municipality not liable on authority bonds.

§  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.