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N.Y. LFN Law § 57.10

This is the official text of N.Y. LFN Law § 57.10, 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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Guidelines for sale of bonds and notes on a negotiated basis

Official statutory text

* § 57.10 Guidelines for sale of bonds and notes on a negotiated\nbasis. The state comptroller shall promulgate rules in conformance with\nthe state administrative procedure act governing the sale of bonds and\nnotes on a negotiated basis as authorized by sections 54.90 and 57.00 of\nthis chapter. No bond or note sale on a negotiated basis shall be\nconducted by a municipality, school district or district corporation\nwithout prior approval of the state comptroller except as provided in\nsuch rules, which shall set forth the circumstances under which such\napproval shall not be required. The state comptroller shall annually\ndeliver to the senate finance committee and the assembly ways and means\ncommittee a report listing all such sales conducted in the previous\nyear, including the name of the issuer and the amount of the issue for\neach such sale. Such rules shall be reviewed at least annually and\nupdated as may be necessary.\n * NB Repealed July 15, 2027\n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.