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New York · Through 2026-09-11

N.Y. Public Authorities Law § 1020-j: Notes of the authority

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Where this section sits in the code
  1. Public Authorities Law
  2. Article 5. Public Utility Authorities
  3. Title 1-A. Long Island Power Authority

* § 1020-j. Notes of the authority. The authority shall have the power

and is hereby authorized from time to time to issue its negotiable notes

in conformity with applicable provisions of the uniform commercial code

for any corporate purpose and to refund from time to time any notes by

the issuance of new notes, whether the notes to be refunded have or have

not matured. The authority may issue notes partly to refund notes or to

discharge other obligations then outstanding and partly for any other

corporate purpose of the authority. The notes may be authorized, sold,

executed and delivered in the same manner as bonds. Any resolution or

resolutions authorizing notes of the authority or any issue thereof may

contain any provisions which the authority is authorized to include in

any resolution or resolutions authorizing bonds of the authority or any

issue thereof, and the authority may include in any notes any terms,

covenants or conditions which it is authorized to include in any bonds.

* NB There are 2 § 1020-j's

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

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