New York City Stabilization Reserve Corporation | Midpage

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New York City Stabilization Reserve Corporation

2530Short title 2531Definitions 2532New York city stabilization reserve corporation 2533Legislative findings and declaration of purposes 2534Administration of the corporation 2535General powers of the corporation 2536Notes and bonds of the corporation 2537Reserve fund and appropriations 2538Payments to the city 2539Resources of the corporation 2540Payments to the corporation 2541Agreement with the state 2542State and city not liable on notes and bonds 2543Remedies of noteholders and bondholders 2544Notes and bonds as legal investments 2545Exemption from taxation 2546Employees of the corporation 2547Actions against the corporation 2548Assistance to the corporation 2549Corporation counsel to be attorney 2550Termination of authority and existence 2551Bonds or notes legal investments for public authorities