Legislation

Search OpenLegislation Statutes

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
previous
SECTION 55.00
Bearer and registered obligations
up
TITLE 4
Local Obligations: Terms, Form and Contents Thereof; Sale and Issuance Thereof
next
SECTION 56.00
Agency selling and issuing obligations
This entry was published on 2021-07-30
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 55.10
Endorsements of principal payments on bonds and notes
Local Finance (LFN) CHAPTER 33-A, ARTICLE 2, TITLE 4
§ 55.10. Endorsements of principal payments on bonds and notes. A bond
or note shall not provide for the notation of payments of principal
thereon. Only one bond or note shall be set forth in a single instrument
and such bond or note, when paid, shall be surrendered for cancellation
or destruction in the manner provided in this chapter.