N.Y. Local Finance Law § 165.20: Exchange of certain bonds or notes

§ 165.20 Exchange of certain bonds or notes. Notwithstanding any

other provisions of this chapter, the city of New York prior to July

first, nineteen hundred eighty-two shall be authorized to exchange bonds

or notes of such city for any notes of such city held by the municipal

assistance corporation for the city of New York as provided in sections

three thousand thirty-five and three thousand thirty-seven of the public

authorities law.