N.Y. Comp. Codes R. & Regs. tit. 2 § 26.1

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

Section 26.1 - Purpose of regulation

The purpose of this regulation is to prescribe requirements for notices of sale of notes by municipalities, school districts and district corporations. It is adopted pursuant to section 60.00 (e) of the Local Finance Law, which requires the Comptroller to adopt a rule in connection with the public sale of notes:

(a) prescribing a procedure for the circularization of notices for the public sale of notes; and

(b) prescribing such data and information as he may deem advisable to be contained in such notices.

N.Y. Comp. Codes R. & Regs. Tit. 2 § 26.1