Statute · New York Local Finance Law
N.Y. Local Fin. Law § 15.40 — Additional limitations
N.Y. Local Fin. Law § 15.40
- Type
- Statute
- Source
- New York Local Finance Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 15.40 Additional limitations. a. Indebtedness shall not be contracted or incurred pursuant to this title for any object or purpose which is intended to effectuate any of the purposes of article eighteen of the state constitution as implemented by the public housing law or any other law…
Citator
N.Y. Local Fin. Law § 15.40 — Additional limitations is in force in the current edition of the Code, and nothing recorded condemns it.
§ 15.40 Additional limitations. a. Indebtedness shall not be contracted or incurred pursuant to this title for any object or purpose which is intended to effectuate any of the purposes of article eighteen of the state constitution as implemented by the public housing law or any other law including this chapter.
b. The following provisions of this chapter shall not be applicable in relation to indebtedness contracted or incurred in relation to a joint service or a joint water, sewage or drainage project: Paragraph c of section 20.00, and sections 28.10, 90.00 and 92.00.