§ 67-a. Definitions. When used in this article the following terms shall have the meanings set forth below: 1. “State-supported debt” shall mean any bonds or notes, including bonds or notes issued to fund reserve funds and costs of issuance, issued by the state or a state public corporation for which the state is constitutionally […]
§ 67-b. Limitations on the issuance of state-supported debt. 1. (a) State-supported debt may not be contracted for unless, as of October thirty-first, two thousand one and as of each October thirty-first thereafter, the total outstanding principal amount of such debt, as of the last day of the immediately preceding fiscal year, is less than […]
§ 67-c. Authorization for consolidated service contract refundings. 1. In addition to the authorizations for state-supported debt specified in any other provision of law, the issuers of state-supported debt may also issue bonds and notes to refund or otherwise repay previously issued state-supported debt. (a) The aggregate amount of indebtedness evidenced by bonds and notes […]
