Local Finance Law § 52.00 · Title 4. Local Obligations: Terms, Form and Contents Thereof; Sale and Issuance Thereof
Recital of validity in obligations
Text — Law content up to date as of September 4, 2026, as published by the New York State Senate (Open Legislation)
§ 52.00 Recital of validity in obligations. Any obligation issued by a municipality, school district or district corporation may contain on its face a recital in substantially the following form:
"It is hereby certified and recited that all conditions, acts and things required by the Constitution and statutes of the State of New York to exist, to have happened and to have been performed precedent to and in the issuance of this (Here insert type of obligation), exist, have happened and have been performed, and that the issue of (Here insert type of obligations) of which this is one, together with all other indebtedness of such (Here insert name of municipality, school district or district corporation) is within every debt and other limit prescribed by the Constitution and laws of such State."
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/LFN52.00
- Text hash
- sha256 3620f1b99c95b9b246f875b59bd9291826d59032325655fcfe8ba70ab7cc0d82
- 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.