N.Y. Local Finance Law Section 55.10
Endorsements of principal payments on bonds and notes


A bond or note shall not provide for the notation of payments of principal thereon. Only one bond or note shall be set forth in a single instrument and such bond or note, when paid, shall be surrendered for cancellation or destruction in the manner provided in this chapter.

Source: Section 55.10 — Endorsements of principal payments on bonds and notes, https://www.­nysenate.­gov/legislation/laws/LFN/55.­10 (updated Jul. 30, 2021; accessed Nov. 25, 2023).

Accessed:
Nov. 25, 2023

Last modified:
Jul. 30, 2021

§ 55.10’s source at nysenate​.gov

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