New York Laws
Title 4 - Municipal Assistance Corporation for the City of Troy
3052 - Definitions.

ยง 3052. Definitions. As used in this title, the following words and
terms shall have the following meanings unless the context shall
indicate another or different meaning or intent:

1. "Corporation" means the corporate governmental agency created by
section three thousand fifty-three of this title.

2. "City" means the city of Troy.

3. "Chief executive officer" means the chief executive officer of the
city as defined in subdivision five-a of section 2.00 of the local
finance law.

4. "City comptroller" means the comptroller of the city of Troy.

5. "Short-term obligations" means tax anticipation notes, revenue
anticipation notes, bond anticipation notes, budget notes and urban
renewal notes.

6. "Bond or note facility" means any insurance policy, letter of
credit or other credit enhancement with respect to bonds or notes of the
corporation issued pursuant to this title.