Local Finance Law § 179.00 · Article 3. Effect of Chapter; Saving Clauses; Laws Repealed; When to Take Effect
Model forms of obligations
Text — Law content up to date as of September 4, 2026, as published by the New York State Senate (Open Legislation)
§ 179.00 Model forms of obligations. The model form of a coupon bond and the model form of a note payable to bearer contained in schedule B annexed hereto may be used, but this section shall not be construed to prevent or invalidate the use of other forms in lieu thereof. Both of such forms provide for the conversion of the obligation into a registered obligation and also contain a provision permitting the redemption of the obligation prior to maturity by the municipality, school district or district corporation issuing such obligation.
Source of truth
- Edition
- Law content up to date as of September 4, 2026, as published by the New York State Senate (Open Legislation)
- Official file
- https://legislation.nysenate.gov/pdf/laws/LFN179.00
- Text hash
- sha256 8f4af3943ebb887047ebb7c44e16e759788a8fdcf26819ca42026ba60c2eb5a2
- Composed by
- gen_ny_statutes.py 2026-11-10: the Senate's Open Legislation law tree (GET /api/3/laws/<ID>?full=true) read in document order; the Senate's PDF of the whole law (GET /pdf/laws/<ID>?full=true), read with PDFium, prints the same words in the same order
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.