2410 - State and municipalities not liable on bonds, notes or insurance commitments or contracts or development corporation credit support.

§  2410.  State  and  municipalities  not  liable  on  bonds, notes or  insurance commitments or contracts  or  development  corporation  credit  support.  The  bonds,  notes,  insurance  commitments  or  contracts  or  development corporation credit support  and  other  obligations  of  the  agency  shall  not  be  a  debt  of  the  state  of  New  York or of any  municipality, and neither the state nor any municipality shall be liable  thereon, nor shall they be payable out of any funds other than those  of  the agency.