New York Statutes

§ 58 — Repurchase of bonds

New York § 58
JurisdictionNew York
Law TRATransportation
Art. 2-DUtica Transit Authority

This text of New York § 58 (Repurchase of 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. Transportation § 58 (2026).

Text

§ 58. Repurchase of bonds. The Utica transit authority shall have\npower to purchase any bonds issued by it for the purpose of retirement\nor investment. The Utica transit authority shall not purchase such\nbonds at a price in excess of the face value thereof plus a premium of\nfour per cent. All bonds purchased for the purpose of retirement shall\nbe cancelled.\n

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Bluebook (online)
New York § 58, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/TRA/58.