State of New York Municipal Bond Bank Agency Act | Midpage

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State of New York Municipal Bond Bank Agency Act

2430Short title 2431Legislative findings 2432Definitions 2433State of New York municipal bond bank agency 2434Powers of the agency 2435Loans to municipalities 2435-ASpecial program agreements 2435-BTax lien purchase and sale agreements 2435-CPurchase of tax liens 2435-DSpecial school purpose agreements 2435-ESpecial School Deficit Program Agreements 2436State aid guarantee 2436-ASchool aid revenues 2436-BLocal ARRA bonds 2436-CLocal public safety communications bonds 2437Bonds and notes of the agency 2437-ATax lien collateralized securities 2438Bond authorization 2439Reserve funds and appropriations 2440Remedies of bondholders and noteholders 2441State and municipalities not liable on bonds and notes 2442Agreement of the state 2443Property and income 2444Exemption from taxation of bonds, notes and tax lien collateralized securities 2445Bonds and notes as legal investments for public officers and fiduciaries 2446Moneys of the agency 2447Actions 2448Limitation of liability 2449Assistance by state officers, departments, boards and commissions 2450Annual report 2451Court proceedings; preferences; venue 2452Inconsistent provisions of other laws superseded 2453Construction 2454Separability