Legislation
CHAPTER 7
NYS Project Finance Agency Act7/75
Chapter 7 of the laws of 1975
NEW YORK STATE
PROJECT FINANCE AGENCY ACT
Section 1. Short title.
2. Declaration of policy and statement of purposes.
3. Definitions.
4. New York state project finance agency.
5. Powers of the agency.
6. Bonds and notes of the agency.
7. Reserve funds and appropriations.
8. Bonds and notes as legal investments.
9. Exemption from taxation of property and income.
10. Exemption from taxation of notes and bonds.
11. Agreement with the state.
12. State's right to require redemption of bonds.
13. Remedies of noteholders and bondholders.
14. Monies of the agency.
15. Supervision of projects.
16. Assistance by state officers, departments, boards and
commissions.
17. Annual report.
18. Maximum authorization.
19. Partial invalidity.
20. Inconsistent provisions in other laws superseded.
21. Certain special proceedings.
21-a.Actions against corporation.
22. Construction.
NEW YORK STATE
PROJECT FINANCE AGENCY ACT
Section 1. Short title.
2. Declaration of policy and statement of purposes.
3. Definitions.
4. New York state project finance agency.
5. Powers of the agency.
6. Bonds and notes of the agency.
7. Reserve funds and appropriations.
8. Bonds and notes as legal investments.
9. Exemption from taxation of property and income.
10. Exemption from taxation of notes and bonds.
11. Agreement with the state.
12. State's right to require redemption of bonds.
13. Remedies of noteholders and bondholders.
14. Monies of the agency.
15. Supervision of projects.
16. Assistance by state officers, departments, boards and
commissions.
17. Annual report.
18. Maximum authorization.
19. Partial invalidity.
20. Inconsistent provisions in other laws superseded.
21. Certain special proceedings.
21-a.Actions against corporation.
22. Construction.