N.Y. Local Finance Law 165.20 – Exchange of certain bonds or notes
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§ 165.20 Exchange of certain bonds or notes. Notwithstanding any other provisions of this chapter, the city of New York prior to July first, nineteen hundred eighty-two shall be authorized to exchange bonds or notes of such city for any notes of such city held by the municipal assistance corporation for the city of New York as provided in sections three thousand thirty-five and three thousand thirty-seven of the public authorities law.
Terms Used In N.Y. Local Finance Law 165.20
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.