N.Y. General Municipal Law Section 12
Deposits of public authorities, public benefit corporations and other corporations


In the event any public authority, public benefit corporation or such other corporation to whose governing board the mayor of the city of New York appoints one or more members shall require security from a bank or trust company for deposit of moneys, then such security may include obligations of the city of New York.

Source: Section 12 — Deposits of public authorities, public benefit corporations and other corporations, https://www.­nysenate.­gov/legislation/laws/GMU/12 (updated Sep. 22, 2014; accessed Dec. 21, 2024).

3
Compensation for property of a municipal corporation, school district or district corporation taken by eminent domain
3‑A
Rate of interest on judgments and accrued claims against municipal corporations
3‑B
Limitation on real estate tax in New York city
3‑C
Limit upon real property tax levies by local governments
4
Investigation of expenditures of towns and villages
5
Payment of fines, civil penalties, rent, rates, taxes, fees, charges and other amounts by credit card
5‑A
Electronic or wire transfers
5‑B
Collection of fines, civil penalties, rent, rates, taxes, fees, charges and other amounts via the internet
6‑C
Capital reserve funds for counties, cities, villages, towns and sewer and water improvement districts
6‑D
Repair reserve funds for municipal corporations, school districts, district corporations and improvement districts
6‑E
Contingency and tax stabilization reserve fund for municipal corporations
6‑F
Snow and ice removal and road repair reserve funds for municipal corporations
6‑G
Capital reserve funds for fire districts
6‑H
Reserve fund for payment of bonded indebtedness in counties, cities, villages, towns and fire districts
6‑I
Airport development and amortization funds
6‑J
Workmen’s compensation reserve fund
6‑K
Electric utility depreciation reserve funds
6‑L
Mandatory reserve fund for municipal corporations, fire districts and school districts
6‑M
Unemployment insurance payment reserve fund
6‑N
Insurance reserve fund
6‑O
Solid waste management facility reserve funds
6‑P
Employee benefit accrued liability reserve fund
6‑Q
Intermunicipal agreement for a joint capital reserve fund in the county of Tompkins
6‑R
Retirement contribution reserve funds 1
6‑S
Community preservation funds
6‑T
Charitable gifts reserve fund
6‑U
Charitable gifts reserve fund
6‑V
Asset forfeiture escrow fund
7
Payment of municipal bonds
8
Application of revenues of a public improvement or part thereof, or service
9
Use of tax moneys raised outside constitutional tax limit
9‑A
Inter-fund advances
10
Deposits of public money
11
Temporary investments
12
Deposits of public authorities, public benefit corporations and other corporations
20
Special population census: population data
21
Cancellation of unpaid checks or drafts
22
Claims against fire insurance proceeds
23
Flexible benefits program
24
Corporation for the benefit of the city of New York
25
Treatment of capital costs and certain fund balances of the city of New York

Accessed:
Dec. 21, 2024

Last modified:
Sep. 22, 2014

§ 12’s source at nysenate​.gov

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