Public Authorities Law § 1020-j · Title 1-A. Long Island Power Authority
Notes of the authority
Text — Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)
* § 1020-j. Notes of the authority. The authority shall have the power and is hereby authorized from time to time to issue its negotiable notes in conformity with applicable provisions of the uniform commercial code for any corporate purpose and to refund from time to time any notes by the issuance of new notes, whether the notes to be refunded have or have not matured. The authority may issue notes partly to refund notes or to discharge other obligations then outstanding and partly for any other corporate purpose of the authority. The notes may be authorized, sold, executed and delivered in the same manner as bonds. Any resolution or resolutions authorizing notes of the authority or any issue thereof may contain any provisions which the authority is authorized to include in any resolution or resolutions authorizing bonds of the authority or any issue thereof, and the authority may include in any notes any terms, covenants or conditions which it is authorized to include in any bonds.
* NB There are 2 § 1020-j's
Source of truth
- Edition
- Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)
- Official file
- https://legislation.nysenate.gov/pdf/laws/PBA1020-J
- Text hash
- sha256 e7c16befec882c89fcc4e5bc0d8e65a5390cd3ac916cc15a1256e740cbbf73ce
- 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
- The Senate's note "There are 2 § 1020-j's": the Legislature enacted more than one unit under that number; each is printed.
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.