Statute · New York Private Activity Bond
N.Y. Private Activity Bond § 8 — Ineligible local agencies
N.Y. Private Activity Bond § 8
- Type
- Statute
- Source
- New York Private Activity Bond
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
* § 8. Ineligible local agencies. To the extent that any allocation of the local agency set-aside would be made by this act to a local agency which is ineligible to receive such allocation under the code or under regulations interpreting the state volume ceiling provisions of the code, such…
Citator
N.Y. Private Activity Bond § 8 — Ineligible local agencies is in force in the current edition of the Code, and nothing recorded condemns it.
* § 8. Ineligible local agencies. To the extent that any allocation of the local agency set-aside would be made by this act to a local agency which is ineligible to receive such allocation under the code or under regulations interpreting the state volume ceiling provisions of the code, such allocation shall instead be made to the political subdivision for whose benefit that local agency was created. * NB Repealed January 1, 1991