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The Laws of New York
Consolidated Laws of New York
CHAPTER 33-A
Local Finance
ARTICLE 2
Local Indebtedness
TITLE 11
Power to Contract Indebtedness For Housing Purposes and Limitations Thereon
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SECTION 152.00
Deductions for self-liquidating housing projects
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TITLE 11
Power to Contract Indebtedness For Housing Purposes and Limitations Thereon
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SECTION 154.00
Disposition of proceeds resulting from the satisfaction of certain mortgages
This entry was published on 2014-09-22
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SECTION 153.00
Authorization for municipality to assign for collateral or pledge its mortgage interest
Local Finance (LFN) CHAPTER 33-A, ARTICLE 2, TITLE 11
§ 153.00 Authorization for municipality to assign for collateral or
pledge its mortgage interest. Any municipality shall be authorized to
assign for collateral or pledge as security for any of its bonds, notes
or other obligations its mortgage interest in a project constructed
pursuant to article two of the private housing finance law to the state
or to any political subdivision thereof.