ยง 52.00 Recital of validity in obligations. Any obligation issued by a
municipality, school district or district corporation may contain on its
face a recital in substantially the following form:
"It is hereby certified and recited that all conditions, acts and
things required by the Constitution and statutes of the State of New
York to exist, to have happened and to have been performed precedent to
and in the issuance of this (Here insert type of obligation), exist,
have happened and have been performed, and that the issue of (Here
insert type of obligations) of which this is one, together with all
other indebtedness of such (Here insert name of municipality, school
district or district corporation) is within every debt and other limit
prescribed by the Constitution and laws of such State."
Structure New York Laws
Article 2 - Local Indebtedness
Title 4 - Local Obligations: Terms, Form and Contents Thereof; Sale and Issuance Thereof
50.00 - Agency Prescribing Terms, Form and Contents of Obligations.
51.00 - Terms, Form and Contents of Obligations.
52.00 - Recital of Validity in Obligations.
53.00 - Obligations Redeemable Prior to Maturity.
54.10 - Bonds and Notes of the City of New York; Certain Provisions.
54.30 - Costs of Sales; Bonds and Notes of the City of Buffalo.
54.40 - Bonds and Notes of the City of Yonkers.
54.50 - Costs of Sales; County of Erie.
54.60 - Cost of Sales; City of Utica.
54.70 - Cost of Sales; City of Niagara Falls, Niagara County.
54.80 - Cost of Sales; City of Lackawanna.
54.85 - Bonds and Notes of the City of Troy.
54.90 - Issuance of Bonds or Notes With Variable Rates of Interest.
55.00 - Bearer and Registered Obligations.
55.10 - Endorsements of Principal Payments on Bonds and Notes.
56.00 - Agency Selling and Issuing Obligations.
57.10 - Guidelines for Sale of Bonds and Notes on a Negotiated Basis.
58.00 - Notice of Sale of Bonds.
58.10 - Electronic Open Auction Public Bond Sale Pilot Program.
59.00 - Bids Opened Publicly; Amendments; Awards.
60.10 - Sale of Obligations to Certain Banks and Trust Companies Authorized.
61.00 - Execution of Obligations.
62.10 - Statutory Installment Bonds.