N.Y. Public Authorities Law Section 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.

Source: Section 2960 — Interest rates, https://www.­nysenate.­gov/legislation/laws/PBA/2960 (updated Sep. 22, 2014; accessed Jan. 18, 2025).

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Accessed:
Jan. 18, 2025

Last modified:
Sep. 22, 2014

§ 2960’s source at nysenate​.gov

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