ยง 48. Guaranteed indebtedness of an authority. An authority may
contract indebtedness and authorize and issue bonds guaranteed by a
municipality as to principal and interest, or only as to the interest.
Structure New York Laws
Article 3 - Municipal Housing Authorities
30 - Organization of Authorities.
31 - Scope of Authority's Jurisdiction.
32 - Officers and Employees; Compensation and Expenses.
33 - Transfer of Officers and Employees.
35 - Non-Liability of Authority Members.
36 - Disqualification of Members and Employees of Authorities.
39 - Projects Financed Solely by Authorities.
40 - Aid From and Cooperation With Federal Government.
41 - Power to Issue Authority Bonds.
42 - Provisions of Authority Bonds.
44 - Signature on Authority Bonds.
45 - Repurchase of Authority Bonds.
47 - Bond Covenants of an Authority.
48 - Guaranteed Indebtedness of an Authority.
49 - Authority Obligations as Legal Investments and Legal Security for Deposits by Public Officers.
50 - Foreclosure and Other Remedies Against an Authority.
51 - Liability of State or Municipality.
52 - Tax Exemptions of an Authority.
53 - Depositories of Authority Funds.
54 - Filing by Authority of By-Laws, Rules and Regulations.
55 - Projects Undertaken by Municipalities.
55-A - Facilities Incidental or Appurtenant to a Project.
56 - Authorities Created Prior to the Enactment of This Chapter.
57 - Dissolution of Authorities.
58 - Sale or Lease of Municipal Projects by Authorities.