New York § 85.00 Limitation of provisions; emergency period

New York Statutes

§ 85.00 — Limitation of provisions; emergency period

New York § 85.00

Law LFNLocal Finance

Title 6-ALocal Obligations: Financial Emergency; Condition Precedent to Claims; Stay of Claims; Repayment Plan For Municipality; Termination of Stay

Art. 2Local Indebtedness

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Bluebook

N.Y. Local Finance § 85.00 (2026).

Text

  § 85.00 Limitation of provisions; emergency period.  No provisions of\nthis title, other than section 85.80, shall be applicable to the city of\nNew York.  The provisions of this title shall be applicable (a) only to\na municipality , other than the city of New York, with respect to which\nthe legislature has declared that a state of financial emergency exists,\nand (b) only during such emergency period as may be specified by the\nlegislature for any municipality, other than the city of New York,;\nprovided, however, that the provisions of section 85.80 of this title\nshall apply to any municipality, including the city of New York, at any\ntime. As used in this title, the term "emergency financial control\nboard" shall mean any such board established by state law for the\nmunicipality, a

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§ 85.00 Limitation of provisions; emergency period. No provisions of\nthis title, other than section 85.80, shall be applicable to the city of\nNew York. The provisions of this title shall be applicable (a) only to\na municipality , other than the city of New York, with respect to which\nthe legislature has declared that a state of financial emergency exists,\nand (b) only during such emergency period as may be specified by the\nlegislature for any municipality, other than the city of New York,;\nprovided, however, that the provisions of section 85.80 of this title\nshall apply to any municipality, including the city of New York, at any\ntime. As used in this title, the term "emergency financial control\nboard" shall mean any such board established by state law for the\nmunicipality, and the term "covered organization" shall mean any such\norganization as defined in the act declaring that a state of financial\nemergency exists for such municipality. Nothing contained in this title\nshall be construed to limit or stay any emergency financial control\nboard from doing any act or commencing or continuing any action or\nspecial proceeding against or involving the municipality or any covered\norganization.\n