State Codes and Statutes

Statutes > New-york > Pbg > Article-3 > 45

§ 45. Repurchase of authority bonds.  An authority shall have power to  purchase  any  bonds  issued  by  it  for  the  purpose of retirement or  investment. An authority shall not purchase such bonds  at  a  price  in  excess  of the face value thereof plus a premium of four per centum. All  bonds purchased for the purpose of retirement shall be cancelled.

State Codes and Statutes

Statutes > New-york > Pbg > Article-3 > 45

§ 45. Repurchase of authority bonds.  An authority shall have power to  purchase  any  bonds  issued  by  it  for  the  purpose of retirement or  investment. An authority shall not purchase such bonds  at  a  price  in  excess  of the face value thereof plus a premium of four per centum. All  bonds purchased for the purpose of retirement shall be cancelled.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Pbg > Article-3 > 45

§ 45. Repurchase of authority bonds.  An authority shall have power to  purchase  any  bonds  issued  by  it  for  the  purpose of retirement or  investment. An authority shall not purchase such bonds  at  a  price  in  excess  of the face value thereof plus a premium of four per centum. All  bonds purchased for the purpose of retirement shall be cancelled.