Statute · New York Public Authorities Law
N.Y. Pub. Auth. Law § 2551 — Bonds or notes legal investments for public authorities
N.Y. Pub. Auth. Law § 2551
- Type
- Statute
- Source
- New York Public Authorities Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 2551. Bonds or notes legal investments for public authorities. Bonds and notes of the corporation are hereby declared to be legal investments for monies of public corporations of the state of New York and may be used to secure deposits of monies of such corporations in banks or trust companies…
Citator
N.Y. Pub. Auth. Law § 2551 — Bonds or notes legal investments for public authorities is in force in the current edition of the Code, and nothing recorded condemns it.
§ 2551. Bonds or notes legal investments for public authorities. Bonds and notes of the corporation are hereby declared to be legal investments for monies of public corporations of the state of New York and may be used to secure deposits of monies of such corporations in banks or trust companies authorized to do business in the state of New York.