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The Laws of New York
Consolidated Laws of New York
CHAPTER 43-A
Public Authorities
ARTICLE 5
Public Utility Authorities
TITLE 12
New York State Environmental Facilities Corporation
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SECTION 1285-M
Drinking water revolving fund
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TITLE 12
New York State Environmental Facilities Corporation
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SECTION 1285-O
Pipeline for jobs fund
This entry was published on 2014-09-22
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SECTION 1285-N
Issuance and sale of recipient bonds and notes
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 5, TITLE 12
§ 1285-n. Issuance and sale of recipient bonds and notes.
Notwithstanding subdivision two of section one thousand eighty of this
article, or any by-law, rule or regulation requiring the recipient to
issue bonds or notes at a public or competitive sale, any recipient of a
financing from the corporation pursuant to section twelve hundred
eighty-five-j, twelve hundred eighty-five-m or twelve hundred
eighty-five-o of this title may validly issue its notes or bonds to the
corporation, as evidence of its obligation to repay such financing.