N.Y. Comp. Codes R. & Regs. tit. 2 § 25.4

Current through Register Vol. 46, No. 53, December 31, 2024

Section 25.4 - Alternative methods for certain issues

In the case of the public sale of bonds of an issue not exceeding $500,000, as permitted by section 63.00 of the Local Finance Law, such notice shall be given by one of the two following methods:

(a) as provided in section 25.2 of this Part; or

(b) as provided in subdivision (b) of section 25.3 of this Part, except that the issuer need not mail a copy of the notice to the Daily Bond Buyer as provided in paragraph (3) of subdivision (b) nor to more than five bond dealers designated by the finance board of the issuer.

N.Y. Comp. Codes R. & Regs. Tit. 2 § 25.4