N.Y. LFN Law § 50.00
This is the official text of N.Y. LFN Law § 50.00, 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.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Agency prescribing terms, form and contents of obligations
Official statutory text
§ 50.00 Agency prescribing terms, form and contents of obligations.\nThe finance board shall prescribe the terms, form and contents of bonds\nand notes. However, the finance board may, by resolution, delegate to\nthe chief fiscal officer all or part of such power in relation to every\nor any type of bond or note, in which event the chief fiscal officer\nshall exercise such power until the finance board, by resolution, shall\nelect to reassume the same.\n
Status: in_force · Read it on the official government site
Need a lawyer in New York?
Find a New York lawyer
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.