1021-J – State and Municipalities Not Liable on Bonds or Notes or Other Obligations.

§  1021-j.  State  and  municipalities not liable on bonds or notes or
  other obligations. The securities of the authority shall not be  a  debt
  of  the  state  or  of  any  municipality, and neither the state nor any
  municipality shall be liable thereon. The authority shall not  have  the
  power to pledge or restrict the credit, the revenues or the taxing power
  of  the  state  or  of  any  municipality,  and  neither the credit, the
  revenues nor the taxing power of the state or of any municipality  shall
  be  or shall be deemed to be pledged to the payment of any securities of
  the authority. Each evidence of indebtedness of the authority, including
  the securities of the authority, shall  contain  a  clear  and  explicit
  statement  of  the  provisions  of this section. Nothing in this article
  shall be deemed to obligate the state or any municipality  to  make  any
  payments  or impose any taxes to satisfy the debt service obligations of
  the authority.