N.Y. LFN Law § 84.00
This is the official text of N.Y. LFN Law § 84.00, 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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Effect of recital of validity in obligations
Official statutory text
§ 84.00 Effect of recital of validity in obligations. If the\nobligations issued pursuant to a resolution or certificate published in\nthe manner provided in this title contain a recital in substantially the\nform prescribed in section 52.00 of this chapter, such recital shall\nbind the municipality, school district or district corporation issuing\nsuch obligations, and twenty days after such resolution or certificate\nshall have been published and after such obligations have been purchased\nin good faith and for fair value by any person, the validity of such\nobligations shall not be questioned by such municipality, school\ndistrict or district corporation or any taxpayer thereof in any court.\n
Status: in_force · Read it on the official government site
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