reglab/housing_qa huggingface dataset:
NY Loc Fin L § 62.00 (2021)
2021 New York Laws LFN - Local Finance Article 2 - Local Indebtedness Title 4 - Local Obligations: Terms, Form and Contents Thereof; Sale and Issuance Thereof 62.00 - Interim Bonds.

§  62.00  Interim bonds. The agency selling and issuing the bonds of a   municipality, school district or district corporation may issue  interim   bonds  pending  the  printing  or  engraving  and  delivery  of bonds in   definitive form. Such interim bonds shall be of substantially  the  same   form  and  tenor  as  the  definitive bonds, except that they shall also   provide that they are exchangeable for the definitive  bonds  when  such   bonds  are  ready  for delivery, and if such definitive bonds are coupon   bonds, the interim bonds need not have coupons attached but may  provide   for the payment of interest upon their presentation for notation of such   payment  thereon. Such interim bonds may be issued in such denominations   as the purchaser may request, which may be one denomination equal to the   principal amount of the bond issue.
NY Loc Fin L § 63.00 (2021)
2021 New York Laws LFN - Local Finance Article 2 - Local Indebtedness Title 4 - Local Obligations: Terms, Form and Contents Thereof; Sale and Issuance Thereof 63.00 - Bond Issues of Certain Amounts.

§  63.00 Bond issues of certain amounts.  a. When sold at public sale,   bonds of an issue not exceeding  five  million  dollars,  whether  of  a   single  issue  or  sold  as  a  single  issue pursuant to paragraph c of   section 57.00 of this chapter, having a maximum  maturity  of  not  more   than five years measured from the date of the bonds, need not be sold in   accordance  with  the  requirements of section 58.00 of this chapter for   publication of the notice of sale but may be sold upon such  publication   or  circularization  of  such notice as shall be prescribed by the state   comptroller in the rule or order referred to in paragraph d  of  section   57.00 of this chapter.b.  Bonds of an issue not exceeding five million dollars, whether of a   single issue or sold as a  single  issue  pursuant  to  paragraph  c  of   section  57.00  of  this  chapter,  may  be sold at private sale without   limitation as to rate of interest, provided,  however,  that  the  total   amount  of bonds which may be sold at private sale in any fiscal year of   the municipality, school district  or  district  corporation  shall  not   exceed  five  million  dollars,  and provided further that if such bonds   have a maximum maturity of more than ten years measured from the date of   the bonds, the issuer shall furnish the  purchaser  a  written  opinion,   signed  by  any person regularly admitted to practice as an attorney and   counselor in the courts of record of this state, that  such  bonds  have   been  duly authorized and issued in accordance with the constitution and   laws of this state and are valid and legally binding obligations of  the   issuer.  Such  legal  opinion  shall  be furnished at the expense of the   issuer and a duplicate original thereof shall be filed with the  officer   of the issuer who is required to keep a record of such bonds pursuant to   section 163.00 of this chapter.c. The bonds of any issue which may be sold pursuant to the provisions   of  this  section  need not have coupons attached in accordance with the   requirements of paragraph a of section 55.00 of  this  chapter  but  may   provide for the payment of interest upon their presentation for notation   of  such  payment thereon. Such bonds, if issued without coupons, shall,   nevertheless, be considered and treated as coupon bonds for the purposes   of sections 71.00, 72.00 and 75.00 of this chapter, except that upon the   reconversion of such a bond which has been converted into  a  registered   bond,  a new bond may be issued in substantially the same form and tenor   as originally issued, or with coupons, as the holder may request.
NY Loc Fin L § 63.10 (2021)
2021 New York Laws LFN - Local Finance Article 2 - Local Indebtedness Title 4 - Local Obligations: Terms, Form and Contents Thereof; Sale and Issuance Thereof 63.10 - Cancellation of Obligations.

§  63.10.  Cancellation  of  obligations.  When  obligations are paid,   notwithstanding the provisions of any other general,  special  or  local   law  or  of  article  forty-six  of the education law relating to public   records, they shall be cancelled or destroyed  in  such  manner  as  the   state  comptroller shall prescribe by a rule or order to be filed in his   office and in such other offices as he may designate.
NY Loc Fin L § 71.00 (2021)
2021 New York Laws LFN - Local Finance Article 2 - Local Indebtedness Title 5 - Local Obligations: Registration, Conversion and Reconversion Thereof 71.00 - Conversion of Coupon Bonds Into Registered Bonds.

§  71.00  Conversion  of  coupon bonds into registered bonds.  a. If a   coupon bond so provides, the holder thereof may present such bond to the   registration agent with a written request  for  its  conversion  into  a   registered  bond.  The  registration  agent  shall thereupon cut off and   destroy the coupons and endorse a certificate of  such  conversion  upon   the bond.b.  The  certificate of conversion shall contain a statement, properly   dated, of the amount and value of such coupons, and that  the  interest,   at  the  rate and on the dates stated in the bond and as was provided by   the coupons, as well as the principal, is to be paid to  the  registered   holder,  his  legal  representatives,  successors or transferees, at the   place or places stated in the bond and as was  stated  in  the  coupons,   unless such place or places shall be changed with the written consent of   the holder.c. When the coupons have been cut off and destroyed, and a certificate   of  conversion has been properly endorsed upon the bond, such bond shall   then be registered as provided in section 75.00 of this chapter.
NY Loc Fin L § 73.00 (2021)
2021 New York Laws LFN - Local Finance Article 2 - Local Indebtedness Title 5 - Local Obligations: Registration, Conversion and Reconversion Thereof 73.00 - Conversion and Reconversion of Registered Bonds.

§  73.00  Conversion  and reconversion of registered bonds.  a. A bond   issue in registered form, if it so provides, shall be converted  into  a   coupon  bond  at  the  request  of  the  registered holder, or his legal   representatives, successors or transferees, in the  same  manner  as  is   provided  in  section  72.00  of  this chapter for the reconversion of a   coupon bond which has been converted into a registered bond, except that   only a new bond with coupons shall be issued. Such new coupon bond shall   be payable  according  to  the  terms  of  the  original  bond.  A  bond   heretofore  or  hereafter  issued  in  registered  form,  which does not   provide that it may be converted into a coupon bond, shall be  converted   into  a coupon bond at the request of the registered holder or his legal   representatives, successors or transferees, provided the issue of  which   such  bond is a part was sold at public sale and the notice of such sale   provided for the issuance of bonds in bearer form with coupons with  the   right of conversion into registered form, and provided the finance board   of  the  issuer shall adopt a resolution authorizing such conversion and   prescribing the form of the bond and the coupons for unmatured interest.   Such bond, in such event, shall be converted in the same  manner  as  is   provided  in  section  72.00  of  this chapter for the reconversion of a   coupon bond which has been converted into a registered bond, except that   only a new bond with coupons shall be issued and such  new  coupon  bond   shall be payable according to the terms of the original bond.b.  A  registered  bond which has been so converted may be reconverted   into a registered bond in the same manner  as  is  provided  in  section   71.00  of  this  chapter  for  the  conversion  of  a coupon bond into a   registered bond.c. Such bond may again and from time  to  time  be  converted  into  a   coupon  bond  and  reconverted  into  a  registered  bond  in the manner   provided in this section.
NY Loc Fin L § 74.00 (2021)
2021 New York Laws LFN - Local Finance Article 2 - Local Indebtedness Title 5 - Local Obligations: Registration, Conversion and Reconversion Thereof 74.00 - Conversion and Reconversion of Notes.

§  74.00  Conversion  and reconversion of notes.  a. A note payable to   bearer, if it so provides, shall be converted into a registered note  at   the  request  of  the holder. The registration agent shall register such   note in his books in the name of the holder and endorse a certificate of   such registration upon the note. In like manner, at the written  request   of  the  registered  holder  of  the  note  so  converted,  or his legal   representatives, successors,  or  transferees,  the  registration  agent   shall  reconvert  such note into a note payable to bearer by registering   such note in his books as payable to bearer and endorsing a  certificate   of  such  registration  upon  the  note.  Such  request  shall  be  duly   acknowledged or proved, or in  the  alternative  the  signature  thereto   shall  be  certified  as  to  its genuineness by an officer of a bank or   trust company located and authorized to do business in this state.  Such   note may again and from time to time be converted into a registered note   and reconverted into a note payable to bearer in the manner provided  in   this paragraph.b.  A  note  issued  in  registered  form, if it so provides, shall be   converted into a note payable to bearer at the written  request  of  the   registered   holder,   or  his  legal  representatives,  successors,  or   transferees. Such request shall be duly acknowledged or  proved,  or  in   the  alternative  the  signature  thereto  shall  be certified as to its   genuineness by an officer  of  a  bank  or  trust  company  located  and   authorized  to  do  business in this state. The registration agent shall   register such note in his books as payable to bearer, and shall  endorse   a certificate of such registration upon the note. In like manner, at the   request  of  the  holder  of a note so converted, the registration agent   shall reconvert such note into a registered  note  by  registering  such   note  in his books in the name of the holder and endorsing a certificate   of such registration upon the note. Such note may again and from time to   time be converted into a note payable to bearer and reconverted  into  a   registered note in the manner provided in this paragraph.
NY Loc Fin L § 80.00 (2021)
2021 New York Laws LFN - Local Finance Article 2 - Local Indebtedness Title 6 - Local Obligations: Estoppel From Contesting Validity Thereof 80.00 - Bond Resolution, or Note Resolution or Certificate, May Contain Estoppel Clause.

§  80.00  Bond  resolution,  or  note  resolution  or certificate, may   contain estoppel clause. The resolution of a finance  board  authorizing   the  issuance  of  bonds  or notes, or the certificate of a chief fiscal   officer authorizing the issuance of notes, may, in the discretion of the   finance board or such chief fiscal officer, as the case may be,  contain   a  statement  that  the  validity  of  such  bonds  or notes or any bond   anticipation notes issued in anticipation of the sale of such bonds  may   be contested only if:1.  Such obligations are authorized for an object or purpose for which   the  municipality,  school  district  or  district  corporation  is  not   authorized to expend money, or2.  The provisions of law which should be complied with at the date of   the publication of such resolution or summary thereof,  or  certificate,   as  the case may be, are not substantially complied with, and an action,   suit or proceeding contesting such validity, is commenced within  twenty   days after the date of such publication, or3.  Such  obligations are authorized in violation of the provisions of   the constitution.
NY Loc Fin L § 82.00 (2021)
2021 New York Laws LFN - Local Finance Article 2 - Local Indebtedness Title 6 - Local Obligations: Estoppel From Contesting Validity Thereof 82.00 - Twenty Day Period of Limitation.

§  82.00  Twenty  day period of limitation. After the publication of a   resolution, summary of such resolution or certificate together with such   a notice, the validity of the  obligations  authorized  thereby  may  be   contested only if:1. Such obligations were authorized for an object or purpose for which   the  municipality,  school  district  or  district  corporation  is  not   authorized to expend money, or2. The provisions of law which should have been complied with  at  the   date  of  the publication of such resolution, summary of such resolution   or certificate were not substantially complied with, and an action, suit   or proceeding contesting such validity is commenced within  twenty  days   after such publication, or3.  Such obligations were authorized in violation of the provisions of   the constitution.
NY Loc Fin L § 83.00 (2021)
2021 New York Laws LFN - Local Finance Article 2 - Local Indebtedness Title 6 - Local Obligations: Estoppel From Contesting Validity Thereof 83.00 - Contesting of Validity of Obligations; Substantial Compliance.

§ 83.00 Contesting of validity of obligations; substantial compliance.   a.  If  an  action,  suit  or  proceeding contesting the validity of the   obligations authorized by such resolution or  certificate  is  commenced   within  twenty  days  from  the  date of publication of such resolution,   summary of such resolution or certificate together with such notice, the   court in which such  action,  suit  or  proceeding  is  commenced  shall   determine  whether or not such obligations were authorized for an object   or purpose for which  the  municipality,  school  district  or  district   corporation is authorized to expend money or the provisions of law which   should have been complied with were substantially complied with.b.  The  court  may  determine that the provisions of law which should   have been complied with were substantially complied with if:1. They authorized the aggregate amount of obligations  authorized  by   such resolution or certificate.2.  Such  resolution  was  adopted by the required vote of the finance   board or such certificate was duly made by such chief fiscal officer.3. Such resolution or the proposition for the expenditure of money for   the object or purpose for which such resolution authorizes the  issuance   of  obligations,  as  the  case  may  be, was adopted at the election or   meeting, if any, to which it was submitted.c.  Such  determination  may  be  arrived   at   notwithstanding   any   irregularity or failure to observe a technicality in:1. The form of such proposition, resolution or certificate.2.  The notice of the election or meeting to which such proposition or   resolution was submitted or of the meeting at which  the  finance  board   adopted such resolution.3. The time or manner of the service or publication of such notice.4.  The  conduct  of  the  election, meeting or meetings at which such   proposition or resolution was adopted.5. The submission of such proposition more than once within  one  year   or other shorter period than authorized by law.6. Like matters in such proceedings.
NY Loc Fin L § 84.00 (2021)
2021 New York Laws LFN - Local Finance Article 2 - Local Indebtedness Title 6 - Local Obligations: Estoppel From Contesting Validity Thereof 84.00 - Effect of Recital of Validity in Obligations.

§  84.00  Effect  of  recital  of  validity  in  obligations.   If the   obligations issued pursuant to a resolution or certificate published  in   the manner provided in this title contain a recital in substantially the   form  prescribed  in  section  52.00 of this chapter, such recital shall   bind the municipality, school district or district  corporation  issuing   such  obligations,  and twenty days after such resolution or certificate   shall have been published and after such obligations have been purchased   in good faith and for fair value by any person,  the  validity  of  such   obligations  shall  not  be  questioned  by  such  municipality,  school   district or district corporation or any taxpayer thereof in any court.
NY Loc Fin L § 85.00 (2021)
2021 New York Laws LFN - Local Finance Article 2 - Local Indebtedness Title 6-A - Local Obligations: Financial Emergency; Condition Precedent to Claims; Stay of Claims; Repayment Plan for Municipality; Termination of Stay 85.00 - Limitation of Provisions; Emergency Period.

§  85.00 Limitation of provisions; emergency period.  No provisions of   this title, other than section 85.80, shall be applicable to the city of   New York.  The provisions of this title shall be applicable (a) only  to   a  municipality , other than the city of New York, with respect to which   the legislature has declared that a state of financial emergency exists,   and (b) only during such emergency period as may  be  specified  by  the   legislature  for  any  municipality,  other  than the city of New York,;   provided, however, that the provisions of section 85.80  of  this  title   shall  apply to any municipality, including the city of New York, at any   time. As used in this  title,  the  term  "emergency  financial  control   board"  shall  mean  any  such  board  established  by state law for the   municipality, and the term "covered organization" shall  mean  any  such   organization  as  defined in the act declaring that a state of financial   emergency exists for such municipality.  Nothing contained in this title   shall be construed to limit or  stay  any  emergency  financial  control   board  from  doing  any  act  or  commencing or continuing any action or   special proceeding against or involving the municipality or any  covered   organization.
NY Loc Fin L § 85.10 (2021)
2021 New York Laws LFN - Local Finance Article 2 - Local Indebtedness Title 6-A - Local Obligations: Financial Emergency; Condition Precedent to Claims; Stay of Claims; Repayment Plan for Municipality; Termination of Stay 85.10 - Notice of Claim.

§  85.10  Notice of claim.   No act shall be done or action or special   proceeding shall be prosecuted or maintained seeking to apply or enforce   against the municipality or any covered organization,  or  their  funds,   property, receivables or revenues, any order, judgment, lien, set-off or   counterclaim  relating  to  any  contract, debt or obligation, direct or   indirect, of the municipality, including but not limited  to  any  bond,   note  or other evidence of indebtedness, or seeking the assessment, levy   or collection of taxes by or for the municipality or the application  of   any  funds, property, receivables or revenues of the municipality or any   covered organization, unless: (a) payment by the municipality or covered   organization in connection with such contract, debt or obligation is due   or overdue; and (b) a demand for payment shall have been made and served   upon the municipality, in compliance with section 85.20 of  this  title,   and thirty days shall have elapsed since the service of such demand; and   (c)  any complaint, petition or other moving paper seeking any relief as   aforesaid shall contain an allegation that at  least  thirty  days  have   elapsed  since the service of such demand and that adjustment or payment   has been neglected or refused.
NY Loc Fin L § 85.20 (2021)
2021 New York Laws LFN - Local Finance Article 2 - Local Indebtedness Title 6-A - Local Obligations: Financial Emergency; Condition Precedent to Claims; Stay of Claims; Repayment Plan for Municipality; Termination of Stay 85.20 - Demand for Payment.

§  85.20 Demand for payment. a. In any case where a demand for payment   is required as a condition precedent to the doing  of  any  act  or  the   commencement  of  any  action  or special proceeding pursuant to section   85.10 of this title, the demand shall comply with the provisions of this   section.b. The demand shall be in writing, sworn to by or  on  behalf  of  the   claimant,  and  shall  set forth:(1) the name and post-office address of   each claimant, and of his attorney, if any; (2) the  contract,  debt  or   obligation involved; (3) the nature and basis of the claim; (4) the time   when  the  claim  arose;  (5)  the  items of damage claimed to have been   sustained so far as then practicable; and (6)  the  nature  of  the  act   proposed  to  be done or of the action or special proceeding proposed to   be commenced by the claimant.c. The demand shall be served on the  municipality  against  whom  the   claim is made by delivering a copy thereof, in duplicate, personally, or   by  registered  mail,  to the person, officer, agent, clerk or employee,   designated by law as a person to whom a summons  in  an  action  in  the   supreme court issued against such municipality may be delivered.d.  Anytime after the date of service of the demand for payment and at   or before the  trial  of  an  action  or  the  hearing  upon  a  special   proceeding  to  which  the  provisions of this section are applicable, a   mistake, omission, irregularity or defect made  in  good  faith  in  the   demand  required  to  be  served  by this section, not pertaining to the   manner or time  of  service  thereof,  may  be  corrected,  supplied  or   disregarded,  as  the  case  may  be,  in  the  discretion of the court,   provided it shall  appear  that  the  other  party  was  not  prejudiced   thereby.  Application  for such relief, if made before trial or hearing,   shall be by motion, on affidavits; if made before the action or  special   proceeding  is  commenced,  shall  be  by motion, on the petition of the   claimant, or someone on his behalf. Failure to serve more than one  copy   may be corrected by such motion.