N.Y. LFN Law § 103.00
This is the official text of N.Y. LFN Law § 103.00, part of New York’s LFN Law — part of the compiled statutory law of New York, published by the state as "LFN Law." Browse the sections below, each linked to its official government source.
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Limitation on the power of cities and villages to authorize certain obligations
Official statutory text
§ 103.00 Limitation on the power of cities and villages to authorize\ncertain obligations. a. If in any city or village, prior to the\neffective date of this chapter, a water board, public utility board or\nother agency, (other than the council, common council, board of\naldermen, board of estimate, board of estimate and apportionment, board\nof estimate and contract, board of trustees of a village, board of\neducation or board of trustees of a school district, or governing board\nof a public authority or district) had the power to authorize the\nissuance of obligations or to request the finance board or similar\nappropriate agency of the city or village to issue obligations for an\nobject or purpose, the finance board of such city or village may\nthereafter authorize the issuance of obligations for such an object or\npurpose only upon the recommendation of such agency.\n
Status: in_force · Read it on the official government site
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