There is a newer version of the New York Consolidated Laws
2006 New York Code - State And Village Not Liable On Bonds.
§ 1599-ll. State and village not liable on bonds. The bonds and other obligations of the authority shall not be a debt of the state of New York or of the village, and neither the state nor the village shall be liable thereon, nor shall they be payable out of any funds other than those of the authority.
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