N.Y. Public Housing Law § 42
Provisions of authority bonds
New York · New York Public Housing Law · Status: effective · Effective 2014-09-22
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- N.Y. Public Housing Law § 42, Provisions of authority bonds, New York, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1120873
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Full text
§ 42. Provisions of authority bonds. Bonds of an authority shall be
authorized by its resolution and may be issued singly or in one or more
series, and shall bear such date or dates, mature at such time or times,
bear interest at such rate or rates, without limitation, be in such
denomination or denominations, interchangeable or otherwise, be in such
form, either coupon or registered, carry such conversion or registration
privileges, have such rank or priority, be executed in such manner, with
or without authentication, and be subject to such terms of redemption
with or without premium, and be secured in such manner, as such
resolution may provide. The bonds may be sold by the authority at public
or private sale at such price or prices as the authority may determine.