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    • Legislation USA
    • New York Laws
    • LFN - Local Finance
    • Article 2 - Local Indebtedness
    • Title 8 - Limitations on the Power to Contract Indebtedness
    • 100.00 - Requirement of Pledge of Faith and Credit.

    New York Laws
    Title 8 - Limitations on the Power to Contract Indebtedness
    100.00 - Requirement of Pledge of Faith and Credit.

    § 100.00 Requirement of pledge of faith and credit. Every
    municipality, school district and district corporation shall pledge its
    faith and credit for the payment of all indebtedness contracted by it.

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    Structure New York Laws

    New York Laws

    LFN - Local Finance

    Article 2 - Local Indebtedness

    Title 8 - Limitations on the Power to Contract Indebtedness

    100.00 - Requirement of Pledge of Faith and Credit.

    101.00 - Giving or Loaning of Municipal Credit and Contracting Indebtedness Other Than for Municipal Purposes Prohibited.

    102.00 - Consent by Cities, Towns and Villages to the Contracting of Indebtedness by Certain District Corporations.

    103.00 - Limitation on the Power of Cities and Villages to Authorize Certain Obligations.

    104.00 - Limitation on Amount of Local Indebtedness Which May Be Contracted.

    104.10 - Additional Limitations on the Power to Contract Indebtedness.

    105.00 - Exclusion of Indebtedness for Certain Assessable Improvements; Buffalo, Rochester and Syracuse.

    106.00 - When Debt-Contracting Power of Certain Counties and Towns Shall Cease.

    107.00 - Down Payment.

    108.00 - Financing of Safety Net Assistance on a Pay-as-You-Go Basis.

    109.00 - Filing of Debt Statement Required.

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