N.Y. Local Finance Law § 50.00: Agency prescribing terms, form and contents of obligations

§ 50.00 Agency prescribing terms, form and contents of obligations.

The finance board shall prescribe the terms, form and contents of bonds

and notes. However, the finance board may, by resolution, delegate to

the chief fiscal officer all or part of such power in relation to every

or any type of bond or note, in which event the chief fiscal officer

shall exercise such power until the finance board, by resolution, shall

elect to reassume the same.