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The Laws of New York
Unconsolidated Laws of New York
This entry was published on 2014-09-22
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CHAPTER CONTENTS
Tobacco Settlement Financing Corporation Act
SECTION 1
Short title
SECTION 2
The tobacco settlement financing corporation
SECTION 3
Definitions
SECTION 4
The sale agreement
SECTION 5
Powers of the corporation
SECTION 6
Bonds of the corporation
SECTION 7
State not liable on bonds or any ancillary bond facility
SECTION 8
Remedies of bondholders
SECTION 9
Tax exemption and tax contract by the state
SECTION 10
Agreement with state
SECTION 11
Bonds as legal investments
SECTION 12
Actions against the corporation
SECTION 13
Assistance to the corporation
SECTION 14
Preference for actions or proceedings against the corporation
SECTION 15
Construction
SECTION 16
Severability clause
Chapter 62 of 2003

PART D3

Section 1. The tobacco settlement financing corporation act is enacted
to read as follows:

Tobacco Settlement Financing Corporation Act
Section 1. Short title.

2. The tobacco settlement financing corporation.

3. Definitions.

4. The sale agreement.

5. Powers of the corporation.

6. Bonds of the corporation.

7. State not liable on bonds or any ancillary bond facility.

8. Remedies of bondholders.

9. Tax exemption and tax contract by the state.

10. Agreement with state.

11. Bonds as legal investments.

12. Actions against the corporation.

13. Assistance to the corporation.

14. Preference for actions or proceedings against the

corporation.

15. Construction.

16. Severability clause.