New York Statutes

§ 62.00 — Interim bonds

New York § 62.00
JurisdictionNew York
Law LFNLocal Finance
Title 4Local Obligations: Terms, Form and Contents Thereof; Sale and Issuance Thereof
Art. 2Local Indebtedness

This text of New York § 62.00 (Interim bonds) 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 § 62.00 (2026).

Text

§ 62.00 Interim bonds. The agency selling and issuing the bonds of a\nmunicipality, school district or district corporation may issue interim\nbonds pending the printing or engraving and delivery of bonds in\ndefinitive form. Such interim bonds shall be of substantially the same\nform and tenor as the definitive bonds, except that they shall also\nprovide that they are exchangeable for the definitive bonds when such\nbonds are ready for delivery, and if such definitive bonds are coupon\nbonds, the interim bonds need not have coupons attached but may provide\nfor the payment of interest upon their presentation for notation of such\npayment thereon. Such interim bonds may be issued in such denominations\nas the purchaser may request, which may be one denomination equal to the\nprincipal am

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Bluebook (online)
New York § 62.00, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/LFN/62.00.