Legislation
SECTION 2960
Interest rates
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 9, TITLE 9
§ 2960. Interest rates. Notwithstanding any other provisions of this
chapter or the provisions of any other general, special or local law,
any public authority may agree or contract to pay interest on its
certificates, notes or bonds, including those now outstanding, at such
rate or rates, without limit, as may be necessary for an authority to
sell such notes or bonds.
chapter or the provisions of any other general, special or local law,
any public authority may agree or contract to pay interest on its
certificates, notes or bonds, including those now outstanding, at such
rate or rates, without limit, as may be necessary for an authority to
sell such notes or bonds.