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 […]
152.00 – Deductions for Self-Liquidating Housing Projects.
§ 152.00 Deductions for self-liquidating housing projects. a. As used in this section: 1. The term “authority” shall mean a housing authority owning or operating a project or projects aided by (a) a guarantee or guarantees of the city representing indebtedness which the city is seeking to exclude pursuant to this section, or (b) a […]
153.00 – Authorization for Municipality to Assign for Collateral or Pledge Its Mortgage Interest.
§ 153.00 Authorization for municipality to assign for collateral or pledge its mortgage interest. Any municipality shall be authorized to assign for collateral or pledge as security for any of its bonds, notes or other obligations its mortgage interest in a project constructed pursuant to article two of the private housing finance law to the […]
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 […]