Home/New York/Statutes/Law PBA: Public Authorities/Title 26: New York City Stabilization Reserve Corporation/Art. 8: Miscellaneous Authorities/§ 2551
New York Statutes

§ 2551 — Bonds or notes legal investments for public authorities

New York·Law PBA Public Authorities·Title 26 New York City Stabilization Reserve Corporation·Art. 8 Miscellaneous Authorities
§ 2551. Bonds or notes legal investments for public authorities.\nBonds and notes of the corporation are hereby declared to be legal\ninvestments for monies of public corporations of the state of New York\nand may be used to secure deposits of monies of such corporations in\nbanks or trust companies authorized to do business in the state of New\nYork.\n

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Nearby Sections

15
§ 2500
Short title
§ 2501
Definitions
§ 2502
Legislative findings and statement of purposes
§ 2503
New York city sports authority
§ 2504
General powers of the authority
§ 2505
Acquisition of real property for the authority and contracts with the city
§ 2506
Moneys of the authority
§ 2507
Employees of the authority
§ 2508
Contracts of the authority
§ 2508-A
Certain property acquired by authority
§ 2508-B
Payments to the city
§ 2509
Bond and note authorization
§ 2510
Bonds and notes of the authority
§ 2511
Security for bonds or notes
§ 2512
Reserve fund
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