ยง 59. Suit on bonds. In any suit, action or proceeding upon any bond
of the Utica transit authority or the security therefor, any such bond
reciting in substance that it has been issued by such an authority to
aid in financing a municipal project to provide omnibus transportation
facilities pursuant to the procedure required in this article shall be
conclusively deemed to have been issued for a municipal project of such
character and pursuant to such procedure.
Structure New York Laws
Article 2-D - Utica Transit Authority
44 - Officers and Employees; Compensation and Expenses.
46 - Non-Liability of Authority Members.
47 - Disqualification of Members and Employees.
48 - Not Within Jurisdiction of Public Service Commission.
49 - Plans for Proposed Municipal Projects; Statement of Project Costs.
50 - Statewide Transportation Planning.
51 - Comprehensive Regional Planning.
53 - Financial Assistance From and Cooperation With the State and Federal Governments.
61 - Bonds and Notes as Legal Investments.
62 - Remedies Against the Utica Transit Authority.
62-A - Actions Against Authority.
63 - Liability of State or Municipality.