N.Y. Public Authorities Law § 2551: Bonds or notes legal investments for public authorities
Where this section sits in the code
- Public Authorities Law
- Article 8. Miscellaneous Authorities
- Title 26. New York City Stabilization Reserve Corporation
§ 2551. Bonds or notes legal investments for public authorities.
Bonds and notes of the corporation are hereby declared to be legal
investments for monies of public corporations of the state of New York
and may be used to secure deposits of monies of such corporations in
banks or trust companies authorized to do business in the state of New
York.
Collected 2026-09-14T19:32:45Z. Source file · JSON