20.27 - State and Municipalities Not Liable on Bonds and Notes.

NY Arts & Cult Aff L § 20.27 (2019) (N/A)
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§ 20.27. State and municipalities not liable on bonds and notes. The bonds, notes and other obligations of the trust shall not be a debt of the state or of any municipality or county in the state, and neither the state nor any municipality or county shall be liable thereon.