Legislation
TITLE 8
Limitations On the Power to Contract Indebtedness
Local Finance (LFN) CHAPTER 33-A, ARTICLE 2
TITLE 8
LIMITATIONS ON THE POWER TO CONTRACT INDEBTEDNESS
Section 100.00 Requirement of pledge of faith and credit.
101.00 Giving or loaning of municipal credit and contracting
indebtedness other than for municipal purposes
prohibited.
102.00 Consent by cities, towns and villages to the contracting
of indebtedness by certain district corporations.
103.00 Limitation on the power of cities and villages to
authorize certain obligations.
104.00 Limitation on amount of local indebtedness which may be
contracted.
104.10 Additional limitations on the power to contract
indebtedness.
105.00 Exclusion of indebtedness for certain assessable
improvements; Buffalo, Rochester and Syracuse.
106.00 When debt-contracting power of certain counties and towns
shall cease.
107.00 Down payment.
108.00 Financing of safety net assistance on a pay-as-you-go
basis.
109.00 Filing of debt statement required.
LIMITATIONS ON THE POWER TO CONTRACT INDEBTEDNESS
Section 100.00 Requirement of pledge of faith and credit.
101.00 Giving or loaning of municipal credit and contracting
indebtedness other than for municipal purposes
prohibited.
102.00 Consent by cities, towns and villages to the contracting
of indebtedness by certain district corporations.
103.00 Limitation on the power of cities and villages to
authorize certain obligations.
104.00 Limitation on amount of local indebtedness which may be
contracted.
104.10 Additional limitations on the power to contract
indebtedness.
105.00 Exclusion of indebtedness for certain assessable
improvements; Buffalo, Rochester and Syracuse.
106.00 When debt-contracting power of certain counties and towns
shall cease.
107.00 Down payment.
108.00 Financing of safety net assistance on a pay-as-you-go
basis.
109.00 Filing of debt statement required.