2021 New York Laws
STF - State Finance
Article 5-F - Sales Tax Revenue Bond Financing Program
69-M - Definitions.

Universal Citation: NY State Fin L § 69-M (2021)

§ 69-m. Definitions. 1. "Authorized issuer" shall mean the dormitory authority of the state of New York, the New York state urban development corporation, the New York state thruway authority, and any successors thereto.

2. "Authorized purpose" for purposes of this article and section ninety-two-h of this chapter shall mean any purposes for which state-supported debt, as defined by section sixty-seven-a of this chapter, may or has been issued, except debt for which the state is constitutionally obligated thereunder to pay debt service and related expenses.

3. "Revenue bonds" for the purposes of this article and section ninety-two-h of this chapter shall mean any bonds, notes or obligations issued or incurred pursuant to section sixty-nine-n of this article.


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