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N.Y. Local Finance Law § 55.10

Endorsements of principal payments on bonds and notes

2021-07-30

§ 55.10. Endorsements of principal payments on bonds and notes. A bond\nor note shall not provide for the notation of payments of principal\nthereon. Only one bond or note shall be set forth in a single instrument\nand such bond or note, when paid, shall be surrendered for cancellation\nor destruction in the manner provided in this chapter.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.