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New York · Through 2026-09-11

N.Y. Local Finance Law § 85.70: Notice to creditors

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Where this section sits in the code
  1. Local Finance Law
  2. Article 2. Local Indebtedness
  3. Title 6-A. Local Obligations: Financial Emergency; Condition Precedent to Claims; Stay of Claims; Repayment Plan For Municipality; Termination of Stay

§ 85.70 Notice to creditors. Upon the filing of a petition pursuant

to section 85.30 of this title, or of a repayment plan or amendment or

modification thereof pursuant to section 85.40 or 85.60 of this title,

or upon the application for, or the entry of, any order extending,

vacating or modifying a stay pursuant to this title, prompt and

appropriate notice thereof and of any hearing in connection therewith

shall be given, at the expense of the municipality, to all creditors of

the municipality affected thereby in such form and manner, including by

mail or publication or both, as the court may find to be practicable and

appropriate in the circumstances. Notice of any other event or

proceeding shall be given as the court may direct, to such persons, in

such form and manner and with such provision for the payment of the

expenses thereof as the court may find to be practicable and appropriate

in the circumstances.

Collected 2026-09-14T19:32:45Z. Source file · JSON

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