N.Y. Public Housing Law § 42: Provisions of authority bonds

§ 42. Provisions of authority bonds. Bonds of an authority shall be

authorized by its resolution and may be issued singly or in one or more

series, and shall bear such date or dates, mature at such time or times,

bear interest at such rate or rates, without limitation, be in such

denomination or denominations, interchangeable or otherwise, be in such

form, either coupon or registered, carry such conversion or registration

privileges, have such rank or priority, be executed in such manner, with

or without authentication, and be subject to such terms of redemption

with or without premium, and be secured in such manner, as such

resolution may provide. The bonds may be sold by the authority at public

or private sale at such price or prices as the authority may determine.