N.Y. Public Authorities Law 2960 – Interest rates
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§ 2960. Interest rates. Notwithstanding any other provisions of this chapter or the provisions of any other general, special or local law, any public authority may agree or contract to pay interest on its certificates, notes or bonds, including those now outstanding, at such rate or rates, without limit, as may be necessary for an authority to sell such notes or bonds.
Terms Used In N.Y. Public Authorities Law 2960
- Contract: A legal written agreement that becomes binding when signed.