N.Y. Local Finance Law § 85.00: Limitation of provisions; emergency period

§ 85.00 Limitation of provisions; emergency period. No provisions of

this title, other than section 85.80, shall be applicable to the city of

New York. The provisions of this title shall be applicable (a) only to

a municipality , other than the city of New York, with respect to which

the legislature has declared that a state of financial emergency exists,

and (b) only during such emergency period as may be specified by the

legislature for any municipality, other than the city of New York,;

provided, however, that the provisions of section 85.80 of this title

shall apply to any municipality, including the city of New York, at any

time. As used in this title, the term "emergency financial control

board" shall mean any such board established by state law for the

municipality, and the term "covered organization" shall mean any such

organization as defined in the act declaring that a state of financial

emergency exists for such municipality. Nothing contained in this title

shall be construed to limit or stay any emergency financial control

board from doing any act or commencing or continuing any action or

special proceeding against or involving the municipality or any covered

organization.