Legislation
SECTION 18
Maximum authorization
NYS Project Finance Agency Act 7/75 (NYP) CHAPTER 7
§ 18. Maximum authorization.
The agency shall not issue bonds and notes in an aggregate principal
amount exceeding three hundred five million dollars, excluding bonds and
notes issued to refund or otherwise repay outstanding bonds and notes of
the agency or of the corporation.
The agency shall not issue bonds and notes in an aggregate principal
amount exceeding three hundred five million dollars, excluding bonds and
notes issued to refund or otherwise repay outstanding bonds and notes of
the agency or of the corporation.