Skip to main content

Public Authorities Law § 3032 · Title 3. Municipal Assistance Corporation For the City of New York

Definitions

Verbatim from the official edition

Text — Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)

* § 3032. Definitions. As used in this title, the following words and terms shall have the following meanings unless the context shall indicate another or different meaning or intent:

1. "Corporation" means the corporate governmental agency created by section three thousand thirty-three of this chapter.

2. "City" means the city of New York.

3. "Mayor" means the mayor of the city of New York.

4. "City comptroller" means the comptroller of the city of New York.

5. "City budget director" means the director of management and budget of the city of New York.

6. "Short-term obligations" means tax anticipation notes, revenue anticipation notes, bond anticipation notes, budget notes and urban renewal notes.

* NB The corporation shall continue for a term ending the later of July 1, 2008 or one year after its liabilities have been fully paid and discharged per § 3033 sub 1.

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/PBA3032
Text hash
sha256 a7c5bdfc01b7364ab28974ea28685d2924505e658d541b63dd6f0309e1db1610
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 "The corporation shall continue for a term ending the later of July 1, 2008 or one year after its liabilities have been fully paid and discharged per § 3033 sub 1." is printed with the text.

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.