Schulz v. State of New York

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• explaining that “a public authority would be self-supporting” and “would separate their administrative and fiscal functions from those of the State”
• noting that the term “ ‘moral obligation’ debt” was “apparently coined in the 1960’s to describe appropriation-risk bonds that could not legally bind the Legislature beyond a session”
• \[T]here can be no question that--for the purposes of contracting [its] own legally binding obligations--the Thruway Authority [is a] public corporation[ ] existing independently of the state.\
• “[T]here can be no question that — for the purposes of contracting [its] own legally binding obligations — the Thruway Authority [is a] public corporation ] existing independently of the state.”

Source: CourtListener parenthetical corpus (CC0).