N.Y. YFA Law § 4
This is the official text of N.Y. YFA Law § 4, part of New York’s YFA Law — part of the compiled statutory law of New York, published by the state as "YFA Law." Browse the sections below, each linked to its official government source.
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General rights and prohibitions
Official statutory text
§ 4. General rights and prohibitions. 1. Neither the city nor any\ncovered organization shall borrow or expend any moneys, or in any way,\ndirectly or indirectly, expressly or implicitly engage its credit during\nthe emergency period except in compliance with the provisions of this\nact and the special fiscal act.\n 2. Nothing contained in this act shall limit the right of the city or\nany covered organization to comply with the provisions of any existing\ncontract with or for the benefit of the holders of any bonds or notes of\nthe city or such covered organization or with the provisions of the\nspecial fiscal act.\n 3. Nothing contained in this act shall be construed to impair the\nright of employees to organize or to bargain collectively.\n
Status: in_force · Read it on the official government site
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