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3409 — New York Law | CourtGPT
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New York Legal Code

3409

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(a) The state shall not be liable on the bonds or notes of the corporation and such bonds or notes shall not be a debt of the state, and such bonds and notes shall contain on the face thereof a statement to such effect.\n(b) Except as may be authorized by the county pursuant to section seven of article seventeen of the state constitution and section thirty-four hundred seven of this title, the county shall not be liable on the bonds or notes of the corporation and such bonds or notes shall not be a debt of the county, and such bonds and notes shall contain on the face thereof a statement to such effect or a statement describing the county liability thereon, if any.