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Home » US Law » 2022 New York Laws » Consolidated Laws » LFN - Local Finance » Article 2 - Local Indebtedness » Title 7 - Refunding of Bonds and Capital Notes

90.00 – Refunding of Bonds.

§ 90.00 Refunding of bonds. a. 1. A municipality, school district or district corporation may issue serial bonds to refund bonds issued on or after January first, nineteen hundred thirty-nine, other than bonds issued to redeem notes, certificates or other evidences of indebtedness issued prior to January first, nineteen hundred thirty-nine, in anticipation of such […]

90.10 – Advance Refunding of Certain Bonds.

§ 90.10 Advance refunding of certain bonds. a. As used in this section: 1. The term “escrow contract” shall mean a contract entered into by and between a municipality, school district or district corporation and a bank or trust company pursuant to paragraph i of this section. 2. The term “escrow holder” shall mean the […]

91.00 – Refunding of Capital Notes.

§ 91.00 Refunding of capital notes. a. Where serial bonds have not been issued to finance any part of an object or purpose and such object or purpose has been financed by the issuance of a capital note, such capital note may be refunded by the issuance of serial bonds pursuant to this section. b. […]

93.00 – Refunding of Urban Renewal Notes.

§ 93.00 Refunding of urban renewal notes. a. To the extent that the moneys in anticipation of the receipt of which an urban renewal note or notes have been issued pursuant to section 25.10 of this chapter are not received by a municipality or are not received in an amount sufficient to redeem such notes […]