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The Laws of New York
Consolidated Laws of New York
CHAPTER 33-A
Local Finance
ARTICLE 2
Local Indebtedness
TITLE 4
Local Obligations: Terms, Form and Contents Thereof; Sale and Issuance Thereof
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TITLE 4
Local Obligations: Terms, Form and Contents Thereof; Sale and Issuance Thereof
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SECTION 51.00
Terms, form and contents of obligations
This entry was published on 2014-09-22
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SECTION 50.00
Agency prescribing terms, form and contents of obligations
Local Finance (LFN) CHAPTER 33-A, ARTICLE 2, TITLE 4
§ 50.00 Agency prescribing terms, form and contents of obligations.
The finance board shall prescribe the terms, form and contents of bonds
and notes. However, the finance board may, by resolution, delegate to
the chief fiscal officer all or part of such power in relation to every
or any type of bond or note, in which event the chief fiscal officer
shall exercise such power until the finance board, by resolution, shall
elect to reassume the same.