1230-O – State, City, Water Board or Municipality, Other Than the Authority, Not Liable on Authority Bonds.

§  1230-o.  State,  city,  water board or municipality, other than the
  authority, not liable on authority bonds. Neither the state,  the  city,
  the water board nor any municipality, other than the authority, shall be
  liable  on the bonds of the authority and such bonds shall not be a debt
  of either the state, the water board, the city or any municipality,  and
  each  such  bond shall contain, on the face thereof, a statement to such
  effect.