2046-D - State and town not liable on bonds or notes. - New York Statutes

§ 2046-d. State and town not liable on bonds or notes. Neither the state, the town nor any other municipality or other public corporation shall be liable on the bonds and notes of the agency and such bonds and notes shall not be a debt of the state, the town or any other municipality or public corporation, and such bonds and notes shall contain on the face thereof a statement to such effect.