Statute · New York Public Housing Law
N.Y. Pub. Hous. Law § 45 — Repurchase of authority bonds
N.Y. Pub. Hous. Law § 45
- Type
- Statute
- Source
- New York Public Housing Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 45. Repurchase of authority bonds. An authority shall have power to purchase any bonds issued by it for the purpose of retirement or investment. An authority shall not purchase such bonds at a price in excess of the face value thereof plus a premium of four per centum. All bonds purchased for…
Citator
N.Y. Pub. Hous. Law § 45 — Repurchase of authority bonds is in force in the current edition of the Code, and nothing recorded condemns it.
§ 45. Repurchase of authority bonds. An authority shall have power to purchase any bonds issued by it for the purpose of retirement or investment. An authority shall not purchase such bonds at a price in excess of the face value thereof plus a premium of four per centum. All bonds purchased for the purpose of retirement shall be cancelled.