New York § 45 Repurchase of authority bonds

New York Statutes

§ 45 — Repurchase of authority bonds

New York § 45

Law PBGPublic Housing

Art. 3Municipal Housing Authorities

This text of New York § 45 (Repurchase of authority 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. Public Housing § 45 (2026).

Text

  § 45. Repurchase of authority bonds.  An authority shall have power to\npurchase any bonds issued by it for the purpose of retirement or\ninvestment. An authority shall not purchase such bonds at a price in\nexcess of the face value thereof plus a premium of four per centum. All\nbonds purchased for the purpose of retirement shall be cancelled.\n

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