Statutes > New York Statutes > PBA - Public Authorities > Article 8 - MISCELLANEOUS AUTHORITIES > Title 21 - (2490-A - 2490-Q) SARATOGA SPRINGS CITY CENTER AUTHORITY > 2490-K - State, city and municipalities not liable on authority bonds.

2490-K - State, city and municipalities not liable on authority bonds.

§  2490-k.  State,  city  and  municipalities  not liable on authority  bonds. Neither the state, the city nor any other municipality or  public  corporation shall be liable on the bonds of the authority and such bonds  shall  not be a debt of the state, the city or any other municipality or  public corporation, and such bonds shall contain on the face  thereof  a  statement to such effect.