New York Statutes

§ 153.00 — Authorization for municipality to assign for collateral or pledge its mortgage interest

New York § 153.00
JurisdictionNew York
Law LFNLocal Finance
Title 11Power to Contract Indebtedness For Housing Purposes and Limitations Thereon
Art. 2Local Indebtedness

This text of New York § 153.00 (Authorization for municipality to assign for collateral or pledge its mortgage interest) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.Y. Local Finance § 153.00 (2026).

Text

§ 153.00 Authorization for municipality to assign for collateral or\npledge its mortgage interest. Any municipality shall be authorized to\nassign for collateral or pledge as security for any of its bonds, notes\nor other obligations its mortgage interest in a project constructed\npursuant to article two of the private housing finance law to the state\nor to any political subdivision thereof.\n

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Bluebook (online)
New York § 153.00, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/LFN/153.00.