Statute · New York Public Authorities Law
N.Y. Pub. Auth. Law § 1285-n — Issuance and sale of recipient bonds and notes
N.Y. Pub. Auth. Law § 1285-n
- Type
- Statute
- Source
- New York Public Authorities Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 1285-n. Issuance and sale of recipient bonds and notes. Notwithstanding subdivision two of section one thousand eighty of this article, or any by-law, rule or regulation requiring the recipient to issue bonds or notes at a public or competitive sale, any recipient of a financing from the…
Citator
N.Y. Pub. Auth. Law § 1285-n — Issuance and sale of recipient bonds and notes is in force in the current edition of the Code, and nothing recorded condemns it.
§ 1285-n. Issuance and sale of recipient bonds and notes. Notwithstanding subdivision two of section one thousand eighty of this article, or any by-law, rule or regulation requiring the recipient to issue bonds or notes at a public or competitive sale, any recipient of a financing from the corporation pursuant to section twelve hundred eighty-five-j, twelve hundred eighty-five-m or twelve hundred eighty-five-o of this title may validly issue its notes or bonds to the corporation, as evidence of its obligation to repay such financing.