N.Y. Pub. Auth. Law § 2551

Current through 2024 NY Law Chapters 1-59 and 61-121
Section 2551 - Bonds or notes legal investments for public authorities

Bonds and notes of the corporation are hereby declared to be legal investments for monies of public corporations of the state of New York and may be used to secure deposits of monies of such corporations in banks or trust companies authorized to do business in the state of New York.

N.Y. Pub. Auth. Law § 2551