Statutes > New York Statutes > PBA - Public Authorities > Article 8 - MISCELLANEOUS AUTHORITIES > Title 28-B - (2650 - 2674) SCHENECTADY METROPLEX DEVELOPMENT AUTHORITY > 2669 - State, county and municipalities not liable on bonds.

2669 - State, county and municipalities not liable on bonds.

§  2669. State, county and municipalities not liable on bonds. Neither  the state, the county nor any municipality therein shall  be  liable  on  the bonds or notes of the authority and such bonds or notes shall not be  a  debt of the state, the county or of any municipality therein and such  bonds and notes shall contain on the face thereof a  statement  to  such  effect.