New York Local Government Assistance Corporation | Midpage

Collections
New York Consolidated Laws

Public Authorities

4

New York Local Government Assistance Corporation

3231Short title 3232Definitions 3233New York local government assistance corporation 3234Administration of the corporation 3235General powers of the corporation 3236Bonds and notes of the corporation 3237Capital reserve fund 3238Payments to local governments 3238-APayment to city of New York 3239Resources of the corporation 3240Payments to the corporation 3241Agreement with the state 3241-ALimitation on issuance of tax and revenue anticipation notes by the state 3242State and local governments not liable on bonds and notes 3243Remedies of bondholders and noteholders 3244Bonds and notes as legal investments 3245Exemption from taxation 3246Employees of the corporation 3247Actions against the corporation 3248Assistance to the corporation 3249Preference for actions or proceeding against the corporation