N.Y. Local Finance Law Section 153.00
Authorization for municipality to assign for collateral or pledge its mortgage interest

Any municipality shall be authorized to assign for collateral or pledge as security for any of its bonds, notes or other obligations its mortgage interest in a project constructed pursuant to article two of the private housing finance law to the state or to any political subdivision thereof.

Source: Section 153.00 — Authorization for municipality to assign for collateral or pledge its mortgage interest, https://www.­nysenate.­gov/legislation/laws/LFN/153.­00 (updated Sep. 22, 2014; accessed May 18, 2024).

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Accessed:
May 18, 2024

Last modified:
Sep. 22, 2014

§ 153.00’s source at nysenate​.gov

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