§ 2551. Bonds or notes legal investments for public authorities.\nBonds and notes of the corporation are hereby declared to be legal\ninvestments for monies of public corporations of the state of New York\nand may be used to secure deposits of monies of such corporations in\nbanks or trust companies authorized to do business in the state of New\nYork.\n
N.Y. Pub. Auth. Law § 2551
Bonds or notes legal investments for public authorities
2014-09-22
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.