Statute · New York Local Finance Law

N.Y. Local Fin. Law § 50.00 — Agency prescribing terms, form and contents of obligations

N.Y. Local Fin. Law § 50.00

Type
Statute
Source
New York Local Finance Law
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

§ 50.00 Agency prescribing terms, form and contents of obligations. The finance board shall prescribe the terms, form and contents of bonds and notes. However, the finance board may, by resolution, delegate to the chief fiscal officer all or part of such power in relation to every or any type of…

Citator

N.Y. Local Fin. Law § 50.00 — Agency prescribing terms, form and contents of obligations is in force in the current edition of the Code, and nothing recorded condemns it.

§ 50.00 Agency prescribing terms, form and contents of obligations. The finance board shall prescribe the terms, form and contents of bonds and notes. However, the finance board may, by resolution, delegate to the chief fiscal officer all or part of such power in relation to every or any type of bond or note, in which event the chief fiscal officer shall exercise such power until the finance board, by resolution, shall elect to reassume the same.