Local Finance Law § 50.00 · Title 4. Local Obligations: Terms, Form and Contents Thereof; Sale and Issuance Thereof
Agency prescribing terms, form and contents of obligations
Verbatim from the official edition
Text — Law content up to date as of September 4, 2026, as published by the New York State Senate (Open Legislation)
§ 50.00 Agency prescribing terms, form and contents of obligations. The finance board shall prescribe the terms, form and contents of bonds and notes. However, the finance board may, by resolution, delegate to the chief fiscal officer all or part of such power in relation to every or any type of bond or note, in which event the chief fiscal officer shall exercise such power until the finance board, by resolution, shall elect to reassume the same.
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/LFN50.00
- Text hash
- sha256 60f996602bc7acbe5a0b881115ca804f62f8e80f9147ce8b898a4408f2e9b87c
- 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.