161.00 – Negotiability of Obligations.
§ 161.00 Negotiability of obligations. All bonds and notes of a municipality, school district or district corporation, including notes issued by a city school district pursuant to section 26.00 of this chapter, whether payable to bearer or in registered form, shall be negotiable instruments within the meaning of article eight of the uniform commercial code, […]
162.00 – Exemption From Taxation.
§ 162.00 Exemption from taxation. All bonds and notes of a municipality, school district or district corporation, until payable, and the interest thereon, shall be exempt from taxation for municipal and state purposes.
163.00 – Record of Obligations.
§ 163.00 Record of obligations. a. The chief fiscal officer in counties and cities, the clerk in towns and villages, the clerk or secretary or such other officer as the finance board shall designate in school districts and district corporations, shall keep a complete record of each issue of bonds and notes, which shall include: […]
164.00 – Reissuance of Lost, Destroyed, Partially Destroyed or Defaced Obligations.
§ 164.00 Reissuance of lost, destroyed, partially destroyed or defaced obligations. a. The finance board may issue a new bond, note or coupon to replace one lost, destroyed, partially destroyed or defaced. However, the finance board may, by resolution, delegate such power to the chief fiscal officer or the fiscal agent, as the term “fiscal […]
165.00 – Deposit and Use of Proceeds From Sale of Bonds, Bond Anticipation Notes, Capital Notes, Urban Renewal Notes or Budget Notes.
§ 165.00 Deposit and use of proceeds from sale of bonds, bond anticipation notes, capital notes, urban renewal notes or budget notes. a. The proceeds, inclusive of premiums, from the sale of bonds, bond anticipation notes, capital notes, urban renewal notes or budget notes shall be deposited and secured in a special account in the […]
165.10 – Advances From Funds.
§ 165.10. Advances from funds. If there are funds of a municipality, school district or district corporation, other than: 1. The proceeds of bonds, bond anticipation notes, capital notes, urban renewal notes and budget notes, and 2. Funds which, by law, may be used only for stated purposes, which are not immediately required for the […]
165.20 – Exchange of Certain Bonds or Notes.
§ 165.20 Exchange of certain bonds or notes. Notwithstanding any other provisions of this chapter, the city of New York prior to July first, nineteen hundred eighty-two shall be authorized to exchange bonds or notes of such city for any notes of such city held by the municipal assistance corporation for the city of New […]
154.00 – Disposition of Proceeds Resulting From the Satisfaction of Certain Mortgages.
§ 154.00 Disposition of proceeds resulting from the satisfaction of certain mortgages. a. Notwithstanding any general, special or local law to the contrary, upon the modification or satisfaction by the city of New York or the New York city housing development corporation, pursuant to section twenty-three-a, twenty-three-b or subdivision twenty-two-a of section six hundred fifty-four […]
140.00 – Debt Statement to Show Debt-Contracting Margin.
§ 140.00. Debt statement to show debt-contracting margin. a. The debt statement of a municipality, school district in a city or fire district shall show the total amount of indebtedness which may be contracted by such municipality, school district or fire district pursuant to section 104.00 of this chapter. In addition there shall be included: […]
141.00 – State Comptroller to Prescribe Form of Debt Statement.
§ 141.00 State comptroller to prescribe form of debt statement. a. The state comptroller shall prescribe the form of debt statements and may require that there be submitted with such statements such other information as he deems appropriate. b. The state comptroller shall prepare printed forms of debt statements and shall make them available for […]