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Title 1 - Power to Contract Indebtedness and Periods of Probable Usefulness
10.00 - Power of Municipalities, School Districts and District Corporations to Contract Indebtedness. - § 10.00 Power of municipalities, school districts and district corporations...
10.10 - Municipalities and School Districts Authorized to Incur Debt to Liquidate Operating Deficits; Requirements and Procedures; Period of Probable Usefulne - § 10.10 Municipalities and school districts authorized to incur debt...
11.00 - Periods of Probable Usefulness. - (a) Class "A" (fireproof and certain fire resistant) buildings. (1)...
Title 1-A - Indebtedness Relative to Municipal Cooperative Activities
15.00 - Indebtedness Relative to Municipal Cooperative Activities. - (b) A municipal corporation shall not contract indebtedness for a...
15.10 - Allocation of Indebtedness. - § 15.10 Allocation of indebtedness. a. Several indebtedness and joint...
15.20 - Limitations on Amount of Local Indebtedness; Exclusions of Certain Indebtedness. - § 15.20 Limitations on amount of local indebtedness; exclusions of...
15.30 - Debt Statements. - § 15.30 Debt statements. a. The state comptroller, in the...
15.40 - Additional Limitations. - § 15.40 Additional limitations. a. Indebtedness shall not be contracted...
Title 2 - Local Obligations: Types Thereof
20.00 - Types of Obligations Which May Be Issued. - § 20.00 Types of obligations which may be issued. a....
21.00 - Serial Bonds. - § 21.00 Serial bonds. a. Any municipality, school district or...
22.00 - Sinking Fund Bonds of the City of New York. - § 22.00 Sinking fund bonds of the city of New...
22.10 - Sinking Fund Bonds of Municipalities and School Districts. - (b) In performing his duties hereunder, the state comptroller shall...
23.00 - Bond Anticipation Notes. - (a) From any unencumbered balance in any fund which may...
24.00 - Tax Anticipation Notes. - (a) During a fiscal year in anticipation of the collection...
24.10 - Tax Receivable Notes. - § 24.10. Tax receivable notes. The city of New York...
24.11 - Tax Receivable Notes for the City of Yonkers. - § 24.11 Tax receivable notes for the city of Yonkers....
25.00 - Revenue Anticipation Notes. - (2) Notwithstanding the provisions of paragraph one of this subdivision,...
25.10 - Urban Renewal Notes. - § 25.10. Urban renewal notes. a. To effectuate the purposes...
26.00 - Temporary Alternative Methods of Financing Snow and Ice Removal Expenses. - § 26.00 Temporary alternative methods of financing snow and ice...
26.10 - Temporary Alternative Methods of Financing Storm Relief Expenses. - § 26.10 Temporary alternative methods of financing storm relief expenses....
28.00 - Capital Notes. - § 28.00 Capital notes. a. Any municipality, school district or...
29.00 - Budget Notes. - § 29.00 Budget notes. a. 1. Any municipality or district...
29.10 - Issuance of Land Installment Purchase Obligations. - * § 29.10 Issuance of land installment purchase obligations. 1....
29.20 - Deficiency Notes. - § 29.20 Deficiency notes. a. Any municipality, school district or...
Title 3 - Local Obligations: Authorization Thereof
30.00 - Agency Authorizing Issuance of Obligations. - § 30.00 Agency authorizing issuance of obligations. a. The finance...
31.00 - Bond Resolution and Capital Note Resolution. - § 31.00 Bond resolution and capital note resolution. a. The...
32.00 - Bond Resolution and Capital Note Resolution; Form and Contents. - § 32.00 Bond resolution and capital note resolution; form and...
33.00 - Bond Resolution and Capital Note Resolution; Procedure for Enactment Thereof. - § 33.00 Bond resolution and capital note resolution; procedure for...
33.10 - Mandatory or Permissive Referenda in Counties. - § 33.10 Mandatory or permissive referenda in counties. a. Except...
34.00 - Bond Resolution May Be Subject to Mandatory or Permissive Referendum; Cities. - § 34.00 Bond resolution may be subject to mandatory or...
35.00 - Bond Resolution Subject to Referendum; Towns. - (1) With a proposed maturity of not more than five...
36.00 - Bond Resolution Subject to Permissive Referendum; Villages. - § 36.00 Bond resolution subject to permissive referendum; villages. a....
37.00 - Referenda on Bond Resolutions or Capital Note Resolutions; School Districts. - § 37.00 Referenda on bond resolutions or capital note resolutions;...
38.00 - Referenda on Bond Resolutions or Capital Note Resolutions; Fire Districts and Other District Corporations. - § 38.00 Referenda on bond resolutions or capital note resolutions;...
38.10 - Bond Anticipation Note Resolution; Form and Contents. - § 38.10 Bond anticipation note resolution; form and contents. Whenever...
39.00 - Tax Anticipation Note Resolution, Revenue Anticipation Note Resolution and Urban Renewal Note Resolution; Form and Contents. - (a) The collection of real estate taxes or assessments, in...
40.00 - Budget Note Resolution; Form and Contents; Authorization Thereof. - § 40.00 Budget note resolution; form and contents; authorization thereof....
40.10 - Deficiency Note Resolution; Form and Contents; Authorization Thereof. - § 40.10 Deficiency note resolution; form and contents; authorization thereof....
41.00 - Repeal of Unexpended Authorizations. - § 41.00 Repeal of unexpended authorizations. a. The finance board...
41.10 - Contents of Notice of Meeting or Election Where Special Tax or Tax to Be Collected in Installments Is to Be Voted. - § 41.10 Contents of notice of meeting or election where...
Title 4 - Local Obligations: Terms, Form and Contents Thereof; Sale and Issuance Thereof
50.00 - Agency Prescribing Terms, Form and Contents of Obligations. - § 50.00 Agency prescribing terms, form and contents of obligations....
51.00 - Terms, Form and Contents of Obligations. - § 51.00 Terms, form and contents of obligations. Every bond...
52.00 - Recital of Validity in Obligations. - § 52.00 Recital of validity in obligations. Any obligation issued...
53.00 - Obligations Redeemable Prior to Maturity. - § 53.00 Obligations redeemable prior to maturity. a. The agency...
54.10 - Bonds and Notes of the City of New York; Certain Provisions. - (a) To facilitate the marketing of any issue of bonds...
54.20 - Funding of Capital Expenditures Duly Appropriated in the Capital Budget for the City of New York. - § 54.20 Funding of capital expenditures duly appropriated in the...
54.30 - Costs of Sales; Bonds and Notes of the City of Buffalo. - § 54.30 Costs of sales; bonds and notes of the...
54.40 - Bonds and Notes of the City of Yonkers. - § 54.40 Bonds and notes of the city of Yonkers....
54.50 - Costs of Sales; County of Erie. - § 54.50 Costs of sales; county of Erie. To facilitate...
54.60 - Cost of Sales; City of Utica. - § 54.60 Cost of sales; city of Utica. To facilitate...
54.70 - Cost of Sales; City of Niagara Falls, Niagara County. - § 54.70 Cost of sales; city of Niagara Falls, Niagara...
54.80 - Cost of Sales; City of Lackawanna. - § 54.80 Cost of sales; city of Lackawanna. To facilitate...
54.85 - Bonds and Notes of the City of Troy. - § 54.85. Bonds and notes of the city of Troy....
54.90 - Issuance of Bonds or Notes With Variable Rates of Interest. - (i) enter into interest rate exchange or similar agreements with...
55.00 - Bearer and Registered Obligations. - § 55.00 Bearer and registered obligations. a. The agency prescribing...
55.10 - Endorsements of Principal Payments on Bonds and Notes. - § 55.10. Endorsements of principal payments on bonds and notes....
56.00 - Agency Selling and Issuing Obligations. - § 56.00 Agency selling and issuing obligations. a. The finance...
57.00 - Sale of Bonds. - § 57.00 Sale of bonds. a. Bonds shall be sold...
57.10 - Guidelines for Sale of Bonds and Notes on a Negotiated Basis. - * § 57.10 Guidelines for sale of bonds and notes...
58.00 - Notice of Sale of Bonds. - (b) In lieu of the statement of the time and...
58.10 - Electronic Open Auction Public Bond Sale Pilot Program. - * § 58.10 Electronic open auction public bond sale pilot...
59.00 - Bids Opened Publicly; Amendments; Awards. - § 59.00 Bids opened publicly; amendments; awards. * a. All...
60.00 - Sale of Notes. - § 60.00 Sale of notes. a. Notes may be sold...
60.10 - Sale of Obligations to Certain Banks and Trust Companies Authorized. - § 60.10. Sale of obligations to certain banks and trust...
61.00 - Execution of Obligations. - § 61.00 Execution of obligations. a. All obligations, including interim...
62.00 - Interim Bonds. - § 62.00 Interim bonds. The agency selling and issuing the...
62.10 - Statutory Installment Bonds. - § 62.10 Statutory installment bonds. a. Notwithstanding any other provisions...
63.00 - Bond Issues of Certain Amounts. - § 63.00 Bond issues of certain amounts. a. When sold...
63.10 - Cancellation of Obligations. - § 63.10. Cancellation of obligations. When obligations are paid, notwithstanding...
Title 5 - Local Obligations: Registration, Conversion and Reconversion Thereof
70.00 - Fiscal Agent. - § 70.00 Fiscal agent. a. The term "fiscal agent" as...
71.00 - Conversion of Coupon Bonds Into Registered Bonds. - § 71.00 Conversion of coupon bonds into registered bonds. a....
72.00 - Reconversion of Coupon Bonds Which Have Been Converted Into Registered Bonds. - § 72.00 Reconversion of coupon bonds which have been converted...
73.00 - Conversion and Reconversion of Registered Bonds. - § 73.00 Conversion and reconversion of registered bonds. a. A...
74.00 - Conversion and Reconversion of Notes. - § 74.00 Conversion and reconversion of notes. a. A note...
75.00 - Registration of Obligations. - § 75.00 Registration of obligations. a. A coupon bond which...
Title 6 - Local Obligations: Estoppel From Contesting Validity Thereof
80.00 - Bond Resolution, or Note Resolution or Certificate, May Contain Estoppel Clause. - § 80.00 Bond resolution, or note resolution or certificate, may...
82.00 - Twenty Day Period of Limitation. - § 82.00 Twenty day period of limitation. After the publication...
83.00 - Contesting of Validity of Obligations; Substantial Compliance. - § 83.00 Contesting of validity of obligations; substantial compliance. a....
84.00 - Effect of Recital of Validity in Obligations. - § 84.00 Effect of recital of validity in obligations. If...
Title 6-A - Local Obligations: Financial Emergency; Condition Precedent to Claims; Stay of Claims; Repayment Plan for Municipality; Termination of Stay
85.00 - Limitation of Provisions; Emergency Period. - § 85.00 Limitation of provisions; emergency period. No provisions of...
85.10 - Notice of Claim. - § 85.10 Notice of claim. No act shall be done...
85.20 - Demand for Payment. - § 85.20 Demand for payment. a. In any case where...
85.30 - Petition of Municipality; Temporary Stay of Claims. - § 85.30 Petition of municipality; temporary stay of claims. A...
85.40 - Repayment Plan for Municipality; Court Approval; Continuation of Stay. - § 85.40 Repayment plan for municipality; court approval; continuation of...
85.50 - Termination of Stay. - § 85.50 Termination of stay. Any order extending a stay...
85.60 - Modification of Plan. - § 85.60 Modification of plan. At any time prior to...
85.70 - Notice to Creditors. - § 85.70 Notice to creditors. Upon the filing of a...
85.80 - Authority for Municipality or Emergency Financial Control Board to File Petition Under Federal Statute. - § 85.80 Authority for municipality or emergency financial control board...
85.90 - Judicial Review. - § 85.90 Judicial review. If any repayment plan or amendment...
Title 7 - Refunding of Bonds and Capital Notes
90.00 - Refunding of Bonds. - (i) Bonds issued, or (ii) Bonds issued to redeem notes,...
90.10 - Advance Refunding of Certain Bonds. - (b) Notwithstanding the provisions of subparagraph (a) of this subdivision,...
91.00 - Refunding of Capital Notes. - § 91.00 Refunding of capital notes. a. Where serial bonds...
92.00 - Refunding of Bond Anticipation Notes Issued by a School District Prior to Annexation or Consolidation. - § 92.00 Refunding of bond anticipation notes issued by a...
93.00 - Refunding of Urban Renewal Notes. - § 93.00 Refunding of urban renewal notes. a. To the...
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...
101.00 - Giving or Loaning of Municipal Credit and Contracting Indebtedness Other Than for Municipal Purposes Prohibited. - (a) Advancing to a city, town or school district, pursuant...
102.00 - Consent by Cities, Towns and Villages to the Contracting of Indebtedness by Certain District Corporations. - (a) The average full valuation of such city, town or...
103.00 - Limitation on the Power of Cities and Villages to Authorize Certain Obligations. - § 103.00 Limitation on the power of cities and villages...
104.00 - Limitation on Amount of Local Indebtedness Which May Be Contracted. - § 104.00 Limitation on amount of local indebtedness which may...
104.10 - Additional Limitations on the Power to Contract Indebtedness. - (a) Is wholly or partly within the Adirondack park, and...
105.00 - Exclusion of Indebtedness for Certain Assessable Improvements; Buffalo, Rochester and Syracuse. - § 105.00 Exclusion of indebtedness for certain assessable improvements; Buffalo,...
106.00 - When Debt-Contracting Power of Certain Counties and Towns Shall Cease. - § 106.00 When debt-contracting power of certain counties and towns...
107.00 - Down Payment. - (a) The acquisition, construction, reconstruction or equipment of or addition...
108.00 - Financing of Safety Net Assistance on a Pay-as-You-Go Basis. - § 108.00 Financing of safety net assistance on a pay-as-you-go...
109.00 - Filing of Debt Statement Required. - § 109.00 Filing of debt statement required. a. Not more...
Title 9 - Procedures Relating to the Ascertainment of Amounts to Be Included or Excluded in Ascertaining Debt-Contracting Power
120.00 - Indebtedness of Certain District Corporations; Amount Thereof Included as Indebtedness of Municipalities. - (a) The assessed valuation of the taxable real property within...
121.00 - Indebtedness of School Districts Merged With or Annexed to a School District in a City; Amount Thereof to Be Included as Indebtedness of Such School D - § 121.00 Indebtedness of school districts merged with or annexed...
121.10 - Indebtedness of School Districts Merged With or Annexed to a School District Outside of a City. - § 121.10 Indebtedness of school districts merged with or annexed...
121.20 - Exclusion of Certain Indebtedness of School Districts Other Than School Districts in a City in Ascertaining Their Power to Contract Indebtedness. - § 121.20. Exclusion of certain indebtedness of school districts other...
121.30 - Exclusion of Certain Indebtedness of School Districts Other Than School Districts in a City. - § 121.30 Exclusion of certain indebtedness of school districts other...
122.00 - Pay-as-You-Go Financing by the City of New York; Ascertainment of Indebtedness Arising Therefrom. - § 122.00 Pay-as-you-go financing by the city of New York;...
123.00 - Exclusion of Self-Liquidating Indebtedness in Ascertaining the Power of a Municipality to Contract Indebtedness. - § 123.00 Exclusion of self-liquidating indebtedness in ascertaining the power...
124.00 - Bonds for Pensions; Ascertainment of Amount Thereof to Be Excluded. - § 124.00 Bonds for pensions; ascertainment of amount thereof to...
124.10 - Exclusion of Certain Indebtedness for Sewage Facilities in Ascertaining the Power of a Municipality to Contract Indebtedness. - § 124.10 Exclusion of certain indebtedness for sewage facilities in...
125.00 - Exclusion of Indebtedness for Self-Liquidating Dock and Transit Facilities; New York City. - (a) Railroads and facilities and properties used in connection therewith...
126.00 - Exclusion of Certain Indebtedness for School Purposes; New York City. - § 126.00 Exclusion of certain indebtedness for school purposes; New...
Title 10 - Statement of Debt-Contracting Power of Municipalities, Fire Districts and Certain School Districts
130.00 - Application of Title. - § 130.00 Application of title. This title shall apply only...
131.00 - Definition of Obligations. - § 131.00 Definition of obligations. As used in this title,...
132.00 - Debt Statements; Agency Preparing. - § 132.00 Debt statements; agency preparing. a. The debt statement...
135.00 - Statement of Total Debt; Inclusions in Ascertaining Gross Indebtedness. - (a) The amounts payable upon contracts, other than for capital...
136.00 - Statement of Total Debt; Deductions From Gross Indebtedness. - (a) The collection of taxes or assessments on real estate...
137.00 - Debt Statement of School Districts Outside Cities. - (a) Outstanding bonds; (b) Outstanding bond anticipation notes, other than...
138.00 - Debt Statement to Show Net Indebtedness. - § 138.00. Debt statement to show net indebtedness. The debt...
139.00 - Debt Statement to Show Valuations of Taxable Real Property. - § 139.00. Debt statement to show valuations of taxable real...
140.00 - Debt Statement to Show Debt-Contracting Margin. - § 140.00. Debt statement to show debt-contracting margin. a. The...
141.00 - State Comptroller to Prescribe Form of Debt Statement. - § 141.00 State comptroller to prescribe form of debt statement....
142.00 - Real Property Liabilities; Procedure for Ascertaining the Amount Thereof. - § 142.00 Real property liabilities; procedure for ascertaining the amount...
143.00 - Contract Liabilities: Housing Guarantees or Subsidies; Procedure for Ascertaining the Amount of Such Liabilities. - § 143.00 Contract liabilities: housing guarantees or subsidies; procedure for...
143.10 - Contract Liabilities; Guarantees of Certain Hospital Indebtedness; Procedure for Ascertaining the Amount of Such Liabilities. - § 143.10 Contract liabilities; guarantees of certain hospital indebtedness; procedure...
Title 11 - Power to Contract Indebtedness for Housing Purposes and Limitations Thereon
150.00 - Two per Centum Limitation on Housing or Urban Renewal Indebtedness. - § 150.00. Two per centum limitation on housing or urban...
151.00 - Contents of Statement of Housing and Urban Renewal Indebtedness. - (a) The unpaid balance of a loan by the state...
152.00 - Deductions for Self-Liquidating Housing Projects. - § 152.00 Deductions for self-liquidating housing projects. a. As used...
153.00 - Authorization for Municipality to Assign for Collateral or Pledge Its Mortgage Interest. - § 153.00 Authorization for municipality to assign for collateral or...
154.00 - Disposition of Proceeds Resulting From the Satisfaction of Certain Mortgages. - § 154.00 Disposition of proceeds resulting from the satisfaction of...
Title 12 - Miscellaneous Provisions
160.00 - Action by Finance Board. - § 160.00 Action by finance board. Whenever in this chapter...
160.05 - Financial Restructuring Board for Local Governments. - (a) If the average full value property tax rate of...
160.10 - Delegation to a Deputy. - § 160.10 Delegation to a deputy. Whenever pursuant to this...
161.00 - Negotiability of Obligations. - § 161.00 Negotiability of obligations. All bonds and notes of...
162.00 - Exemption From Taxation. - § 162.00 Exemption from taxation. All bonds and notes of...
163.00 - Record of Obligations. - § 163.00 Record of obligations. a. The chief fiscal officer...
164.00 - Reissuance of Lost, Destroyed, Partially Destroyed or Defaced Obligations. - § 164.00 Reissuance of lost, destroyed, partially destroyed or defaced...
165.00 - Deposit and Use of Proceeds From Sale of Bonds, Bond Anticipation Notes, Capital Notes, Urban Renewal Notes or Budget Notes. - § 165.00 Deposit and use of proceeds from sale of...
165.10 - Advances From Funds. - § 165.10. Advances from funds. If there are funds of...
165.20 - Exchange of Certain Bonds or Notes. - § 165.20 Exchange of certain bonds or notes. Notwithstanding any...
166.00 - Action Against Municipal Officers. - § 166.00 Action against municipal officers. a. The holder in...
167.00 - Action Against Municipality; Appeals. - § 167.00 Action against municipality; appeals. An appeal from a...
168.00 - Agreements for Credit Enhancement. - (1) consider the ability of the credit or liquidity enhancement...
169.00 - Installment Loans and Obligations Evidencing Installment Loans. - * § 169.00 Installment loans and obligations evidencing installment loans....