Sinking Funds for Bonds of Municipalities and School Districts | Midpage

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New York Codes, Rules and Regulations

Subchapter A. Sales of Bonds and Notes; Debt Statements

Part 38

Sinking Funds for Bonds of Municipalities and School Districts

Department of Audit and Control

38.1Purpose of regulations.38.2Notice of sale of sinking fund bonds.38.3Schedule of deposits to sinking fund.38.4Redemption of sinking fund bonds.38.5Excess in sinking fund accounts.38.6Purchase of bonds.38.7Payment of fees and expenses.38.8Rights and remedies of the State Comptroller.38.9Investments.38.10Consultants.38.11Custodians.38.12Insufficient amounts.38.13Defeasance.38.14Liquidation of commingled investments.38.15Agreements between issuer and State Comptroller.38.16Investments subject to yield restriction.38.17Certificates and notices.38.18Payments by State Comptroller.38.19Records of the State Comptroller.38.20Waiver in cases of hardship.