N.Y. PBA Law § 1207-C
This is the official text of N.Y. PBA Law § 1207-C, part of New York’s PBA Law — part of the compiled statutory law of New York, published by the state as "PBA Law." Browse the sections below, each linked to its official government source.
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Required redemption of bonds
Official statutory text
§ 1207-c. Required redemption of bonds. Notwithstanding and in\naddition to any provisions for the redemption of bonds which may be\ncontained in any contract with the holders of bonds, either the state of\nNew York or the city may, upon furnishing sufficient funds therefor,\nrequire the authority to redeem as a whole any issue of the bonds at the\ntime or times and at the place or places and in accordance with the\nterms upon which such bonds are redeemable.\n
Status: in_force · Read it on the official government site
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