New York Education Law
New York City Educational Construction Fund
New York · New York Education Law · Status: effective · Effective 2014-09-22
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- New York Education Law, New York City Educational Construction Fund, New York, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1100341
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ARTICLE 10
NEW YORK CITY EDUCATIONAL CONSTRUCTION FUND
Section 450. Short title.
451. Statement of legislative findings and purposes.
452. Definitions.
453. New York city educational construction fund.
454. General powers and duties of fund.
455. Relationship with the board of education and the city of
New York.
456. Special provisions relating to acquisition and transfer of
real property.
457. Plans and specifications.
458. Letting of construction contracts.
459. Resources of the fund.
460. Lease and other agreements.
461. Notes and bonds of the fund.
462. Reserve funds, appropriations and other funds and accounts.
463. Agreement with the state.
464. State and city's right to require redemption of bonds.
465. Remedies of noteholders and bondholders.
466. Notes and bonds as legal investments.
467. Actions by and against fund.
468. Exemptions from taxation.
469. Annual report of trustees.
470. Article not affected if in part unconstitutional or
ineffective.
471. Inconsistent provisions of other laws superseded.