New York § 658 - 658State and city not liable on notes and bonds
Full text of New York New York Consolidated Laws § 658 — 658State and city not liable on notes and bonds, with citation guidance and answers to common questions.
§ 658. 658State and city not liable on notes and bonds
§ 658. State and city not liable on notes and bonds. The notes, bonds or other obligations of the corporation shall not be a debt of either the state of New York or of the city of New York, and neither the state nor the city shall be liable thereon, nor shall they be payable out of any funds other than those of the corporation; and such notes and bonds shall contain on the face thereof a statement to such effect.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 658
What does New York Consolidated Laws § 658 cover?
Section 658 ("658State and city not liable on notes and bonds") is part of the New York Consolidated Laws, the codified statutory law of New York. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New York § 658?
A common citation format is "New York Consolidated Laws § 658" (New York). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New York law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.
How does New York § 658 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New York.