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N.Y. LFN Law § 33.00

This is the official text of N.Y. LFN Law § 33.00, 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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Bond resolution and capital note resolution; procedure for enactment thereof

Official statutory text

§ 33.00 Bond resolution and capital note resolution; procedure for\nenactment thereof. a. Every bond resolution and capital note resolution\nshall be adopted by at least a two-thirds vote of the voting strength of\nthe finance board, except that (1) where a bond resolution or a capital\nnote resolution is subject to mandatory referendum before it shall\nbecome effective or (2) where a bond resolution provides that it shall\nbe submitted to a referendum in the manner authorized by or pursuant to\nthis chapter, a three-fifths vote shall be sufficient. A majority vote\nshall be sufficient for the adoption of a resolution authorizing the\nrenewal of a capital note.\n b. Any village having a population of five thousand or more, as\ndetermined pursuant to the last available federal census, and any city\nmay hereafter adopt, in the manner provided by law, a local law\nrequiring public hearings on all bond resolutions and capital note\nresolutions or on bond resolutions and capital note resolutions\nauthorizing the issuance of obligations for such purposes or amounts as\nmay be specified in such local law. Such a local law shall prescribe the\nprocedure for such public hearings.\n

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.