Public Authorities Law § 3409 · Title 2. Nassau Health Care Corporation
State and county not liable on corporation bonds
Text — Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)
§ 3409. State and county not liable on corporation bonds. (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.
(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.
Source of truth
- Edition
- Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)
- Official file
- https://legislation.nysenate.gov/pdf/laws/PBA3409
- Text hash
- sha256 6f0242afc4a5016ecafd194054f3b301158f8e02cdcd90778b3839b45ddf6bb8
- Composed by
- gen_ny_statutes.py 2026-11-10: the Senate's Open Legislation law tree (GET /api/3/laws/<ID>?full=true) read in document order; the Senate's PDF of the whole law (GET /pdf/laws/<ID>?full=true), read with PDFium, prints the same words in the same order
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.