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New York Consolidated Laws, Local Finance Law - LFN § 55.10 Endorsements of principal payments on bonds and notes

Current as of January 01, 2026 | Updated by Findlaw Staff

A bond or note shall not provide for the notation of payments of principal thereon.  Only one bond or note shall be set forth in a single instrument and such bond or note, when paid, shall be surrendered for cancellation or destruction in the manner provided in this chapter.

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Cite this article: FindLaw.com - New York Consolidated Laws, Local Finance Law - LFN § 55.10 Endorsements of principal payments on bonds and notes - last updated January 01, 2026 | https://codes.findlaw.com/ny/local-finance-law/lfn-sect-55-10/

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