81.00 – Bond Resolution, or Note Resolution or Certificate, Containing Estoppel Clause; Publication and Notice.
§ 81.00 Bond resolution, or note resolution or certificate, containing estoppel clause; publication and notice. a. If a resolution of a finance board authorizing the issuance of bonds or notes or the certificate of a chief fiscal officer authorizing the issuance of notes contains the statement referred to in section 80.00 of this chapter, such […]
82.00 – Twenty Day Period of Limitation.
§ 82.00 Twenty day period of limitation. After the publication of a resolution, summary of such resolution or certificate together with such a notice, the validity of the obligations authorized thereby may be contested only if: 1. Such obligations were authorized for an object or purpose for which the municipality, school district or district corporation […]
83.00 – Contesting of Validity of Obligations; Substantial Compliance.
§ 83.00 Contesting of validity of obligations; substantial compliance. a. If an action, suit or proceeding contesting the validity of the obligations authorized by such resolution or certificate is commenced within twenty days from the date of publication of such resolution, summary of such resolution or certificate together with such notice, the court in which […]
84.00 – Effect of Recital of Validity in Obligations.
§ 84.00 Effect of recital of validity in obligations. If the obligations issued pursuant to a resolution or certificate published in the manner provided in this title contain a recital in substantially the form prescribed in section 52.00 of this chapter, such recital shall bind the municipality, school district or district corporation issuing such obligations, […]
62.00 – Interim Bonds.
§ 62.00 Interim bonds. The agency selling and issuing the bonds of a municipality, school district or district corporation may issue interim bonds pending the printing or engraving and delivery of bonds in definitive form. Such interim bonds shall be of substantially the same form and tenor as the definitive bonds, except that they shall […]
62.10 – Statutory Installment Bonds.
§ 62.10 Statutory installment bonds. a. Notwithstanding any other provisions of this chapter, if the principal amount for an object or purpose, or objects or purposes, or class or classes thereof, to be financed by the issuance of bonds does not exceed five million dollars in the aggregate, a single bond, to be known as […]
63.00 – Bond Issues of Certain Amounts.
§ 63.00 Bond issues of certain amounts. a. When sold at public sale, bonds of an issue not exceeding five million dollars, whether of a single issue or sold as a single issue pursuant to paragraph c of section 57.00 of this chapter, having a maximum maturity of not more than five years measured from […]
63.10 – Cancellation of Obligations.
§ 63.10. Cancellation of obligations. When obligations are paid, notwithstanding the provisions of any other general, special or local law or of article forty-six of the education law relating to public records, they shall be cancelled or destroyed in such manner as the state comptroller shall prescribe by a rule or order to be filed […]
70.00 – Fiscal Agent.
§ 70.00 Fiscal agent. a. The term “fiscal agent” as used in this title shall mean: 1. In counties, the chief fiscal officer thereof, unless the finance board shall designate a different officer. 2. In cities, the chief fiscal officer thereof. 3. In towns and villages, the clerk thereof. 4. In school districts and district […]
71.00 – Conversion of Coupon Bonds Into Registered Bonds.
§ 71.00 Conversion of coupon bonds into registered bonds. a. If a coupon bond so provides, the holder thereof may present such bond to the registration agent with a written request for its conversion into a registered bond. The registration agent shall thereupon cut off and destroy the coupons and endorse a certificate of such […]