State Codes and Statutes

Statutes > New-york > Pba > Article-8 > Title-7-a > 1796

§  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.

State Codes and Statutes

Statutes > New-york > Pba > Article-8 > Title-7-a > 1796

§  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.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Pba > Article-8 > Title-7-a > 1796

§  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.