There is a newer version
of
the New York Laws
2018 New York Laws
PBG - Public Housing
Article 5 - Municipal Aid
95 - Authorization to Guarantee.
Universal Citation: NY Pub Hsg L § 95 (2018)
§ 95. Authorization to guarantee. A municipality is authorized to guarantee for a period not exceeding the probable life of a project, the principal of and interest on, or only the interest on, indebtedness contracted by an authority operating within the territorial limits of such municipality in connection with such project.
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