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Home » US Law » 2022 New York Laws » Consolidated Laws » LFN - Local Finance » Article 2 - Local Indebtedness » Title 5 - Local Obligations: Registration, Conversion and Reconversion Thereof

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 […]

72.00 – Reconversion of Coupon Bonds Which Have Been Converted Into Registered Bonds.

§ 72.00 Reconversion of coupon bonds which have been converted into registered bonds. a. If a coupon bond issued prior or subsequent to the effective date of this chapter has been converted into a registered bond, the registered holder, or his legal representatives, successors, or transferees, may request the registration agent to notify him of […]

73.00 – Conversion and Reconversion of Registered Bonds.

§ 73.00 Conversion and reconversion of registered bonds. a. A bond issue in registered form, if it so provides, shall be converted into a coupon bond at the request of the registered holder, or his legal representatives, successors or transferees, in the same manner as is provided in section 72.00 of this chapter for the […]

74.00 – Conversion and Reconversion of Notes.

§ 74.00 Conversion and reconversion of notes. a. A note payable to bearer, if it so provides, shall be converted into a registered note at the request of the holder. The registration agent shall register such note in his books in the name of the holder and endorse a certificate of such registration upon the […]

75.00 – Registration of Obligations.

§ 75.00 Registration of obligations. a. A coupon bond which has been converted into registered form in the manner provided in section 71.00 of this chapter and, at the request of the owner, a bond issued in registered form or a note issued in registered form or which provides that it may be registered, shall […]