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NEW YORK STATUTES AND CODES

1796 - Bonds and other obligations.

§ 1796. Bonds and other obligations. The authority shall not have the power to issue bonds or other evidences of indebtedness and neither the state of New York, the county of Cattaraugus, nor the city of Salamanca shall be liable for any obligation arising under the lease between the authority and the Seneca Nation of Indians except that the annual rental called for by such lease shall be construed as a liability owing by the authority and the authority alone from year to year during the lifetime of such lease or any renewal or revision thereof.

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