Statute · New York Public Authorities Law
N.Y. Pub. Auth. Law § 2960 — Interest rates
N.Y. Pub. Auth. Law § 2960
- Type
- Statute
- Source
- New York Public Authorities Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 2960. Interest rates. Notwithstanding any other provisions of this chapter or the provisions of any other general, special or local law, any public authority may agree or contract to pay interest on its certificates, notes or bonds, including those now outstanding, at such rate or rates,…
Citator
N.Y. Pub. Auth. Law § 2960 — Interest rates is in force in the current edition of the Code, and nothing recorded condemns it.
§ 2960. Interest rates. Notwithstanding any other provisions of this chapter or the provisions of any other general, special or local law, any public authority may agree or contract to pay interest on its certificates, notes or bonds, including those now outstanding, at such rate or rates, without limit, as may be necessary for an authority to sell such notes or bonds.