There is a newer version of the New York Consolidated Laws
2006 New York Code - State, City And Water Board Not Liable On Authority Bonds.
§ 1115-p. State, city and water board not liable on authority bonds. Neither the state, nor the city, nor the water board nor any subdivision thereof shall be liable on the bonds of the authority and such bonds shall not be a debt of the state, the city, or such water board.
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