Legislation
SECTION 2551
Bonds or notes legal investments for public authorities
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 8, TITLE 26
§ 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.
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.