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New York Consolidated Laws, Public Authorities Law - PBA § 2551. Bonds or notes legal investments for public authorities

Current as of January 01, 2024 | Updated by FindLaw Staff

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.

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Cite this article: FindLaw.com - New York Consolidated Laws, Public Authorities Law - PBA § 2551. Bonds or notes legal investments for public authorities - last updated January 01, 2024 | https://codes.findlaw.com/ny/public-authorities-law/pba-sect-2551/

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