reglab/statecodes huggingface dataset:
2023 New York Laws › LLC - Limited Liability Company Law › Article 12 - Professional Service Limited Liability Companies › 1211 - Transfer of a Membership Interest.

§  1211.  Transfer  of  a  membership  interest.  (a)  No  member of a
professional service limited liability company may sell or  assign  his,
her  or its membership interest in such limited liability company except
to another professional eligible to become  a  member  of  such  limited
liability  company  or except in trust to another professional who would
be eligible to become a member if such  professional  were  employed  by
such limited liability company.
(b)  Nothing  contained  in  subdivision  (a) of this section shall be
construed to  prohibit  the  assignment  of  a  membership  interest  by
operation  of  law  or  by  court  decree.  An  assignee of a membership
interest by operation of law or court decree shall have the rights of an
assignee of a membership interest set forth in section six hundred three
of this chapter. Such assignee shall automatically become  a  member  of
the  professional  service  limited  liability  company if such assignee
would be eligible to be a member of such limited liability company  and,
a  majority  in  interest  of  the  members  shall  fail  to  redeem the
membership interest so transferred, pursuant to section  twelve  hundred
ten  of  this  article, within sixty days of receiving written notice of
such transfer.
(c) Any sale or transfer, except by operation of law or  court  decree
or  except  for  a professional service limited liability company having
only one member, may be  made  only  after  the  same  shall  have  been
approved  by  the  vote  or written consent of such proportion, not less
than a majority in interest of the members, exclusive of the interest of
the member proposing to sell or transfer such  membership  interest,  as
may  be provided in the operating agreement of such professional service
limited liability company.  The  voting  interest  held  by  the  member
proposing  to  sell  or transfer his, her or its membership interest may
not be voted or counted for any purpose, unless all the members  consent
that  such  interests  be  voted  or  counted.  The professional service
limited liability company may provide, in lieu of or in addition to  the
foregoing provisions, for the alienation of membership interests and may
require  the redemption or purchase of such membership interests by such
limited liability company at prices and in  a  manner  specifically  set
forth therein. The existence of the restrictions on the sale or transfer
of  a  membership  interest,  as  contained  in  this  article  and,  if
applicable, in the operating agreement, shall be noted conspicuously  on
the face or back of every certificate representing a membership interest
issued  by a professional service limited liability company. Any sale or
transfer in violation of such restrictions shall be void.
2023 New York Laws › LLC - Limited Liability Company Law › Article 12 - Professional Service Limited Liability Companies › 1212 - Limited Liability Company Name.

§  1212. Limited liability company name. (a) Notwithstanding any other
provision of law, the name of a professional service  limited  liability
company  may  contain  any word that, at the time of formation, could be
used in the name of a partnership or  professional  service  corporation
practicing   a   profession  that  such  limited  liability  company  is
authorized to practice and may not contain any word that  could  not  be
used   by  such  a  partnership  or  professional  service  corporation;
provided, however, the name of a professional service limited  liability
company may not contain the name of a deceased person unless:
(1)  such person's name was part of the name of such limited liability
company at the time of such person's death; or
(2) such person's name was part of the name of an existing partnership
or professional service corporation and  at  least  two-thirds  of  such
partnership's  partners  or  corporation's shareholders, as the case may
be, become members of such limited liability company.
(b) A professional service limited liability company  name  shall  end
with  the  words  "Professional  Limited  Liability Company" or "Limited
Liability Company" or the abbreviation "P.L.L.C.", "PLLC",  "L.L.C."  or
"LLC".  The provisions of subdivision (a) of section two hundred four of
this chapter shall not apply to a professional service limited liability
company.
2023 New York Laws › LLC - Limited Liability Company Law › Article 12 - Professional Service Limited Liability Companies › 1213 - Limited Liability Company Act Applicable.

§ 1213. Limited liability company act applicable. This chapter, except
  article   eight   and   article  thirteen,  shall  be  applicable  to  a
  professional service limited liability company except to the extent that
  the provisions  thereof  conflict  with  this  article.  A  professional
  service  limited liability company may consolidate or merge with another
  limited  liability  company  formed  under  this  article,   a   foreign
  professional service limited liability company authorized to do business
  under article thirteen of this chapter or other business entity, only if
  all  of  the  professions  practiced  by such limited liability company,
  foreign limited liability company or  other  business  entity  could  be
  practiced  by  a  single  limited liability company organized under this
  article.
2023 New York Laws › LLC - Limited Liability Company Law › Article 12 - Professional Service Limited Liability Companies › 1215 - Regulation of Professions.

§  1215.  Regulation  of  professions.  This article shall not repeal,
  modify or restrict any provision of the education law or  the  judiciary
  law  or  any  rules  or  regulations  adopted  thereunder regulating the
  professions referred to in the education law or the judiciary law except
  to the extent in conflict herewith.
2023 New York Laws › LLC - Limited Liability Company Law › Article 12 - Professional Service Limited Liability Companies › 1216 - Mergers and Consolidations.

§  1216.  Mergers and consolidations. Notwithstanding any inconsistent
  provision of this article,  a  professional  service  limited  liability
  company,  pursuant to the provisions of article ten of this chapter, may
  be merged or consolidated with another limited liability company  formed
  pursuant  to  the  provisions  of  this  chapter, a foreign professional
  service limited  liability  company  authorized  to  do  business  under
  article  thirteen  of  this  chapter  or other business entity formed or
  recognized under the laws of this state or  any  other  state,  provided
  that  the  limited  liability  company  or  other  business  entity that
  survives or that is formed pursuant thereto is  a  professional  service
  limited  liability  company,  a  foreign  professional  service  limited
  liability company authorized to do business under  article  thirteen  of
  this  chapter or other business entity practicing the same profession or
  professions  in  this  state  or  the  state  of  its   formation.   The
  restrictions  on  the issuance, transfer or sale of membership interests
  of a professional service  limited  liability  company  other  than  the
  requirements  of  the  first two sentences of subdivision (c) of section
  twelve hundred eleven of this chapter, shall be suspended for  a  period
  not exceeding thirty days with respect to any issuance, transfer or sale
  of  membership  interests made pursuant to such merger or consolidation,
  provided that (a) no person or business entity who would not be eligible
  to be a member in the absence of this section shall vote or receive  any
  distribution  from such limited liability company; (b) after such merger
  or consolidation, any professional  service  limited  liability  company
  that  survives  or  that  is created thereby shall be subject to all the
  provisions of this article; and (c) membership interests thereafter  may
  be  held  only  by persons or business entities who are eligible to be a
  member of such professional service limited liability company.   Nothing
  herein  contained  shall  be  construed  as permitting the practice of a
  profession in this state by a limited  liability  company  that  is  not
  formed  pursuant  to  the provisions of this article or authorized to do
  business in the state pursuant to the provisions of article thirteen  of
  this chapter.
2023 New York Laws › LLC - Limited Liability Company Law › Article 13 - Foreign Professional Service Limited Liability Companies › 1302 - Rendering of Professional Service.

§ 1302. Rendering of professional service. (a) No foreign professional
service  limited  liability company may render a professional service in
this state except through individuals authorized by law to  render  such
professional service as individuals in this state.
(b)   Each  final  plan  and  report  made  or  issued  by  a  foreign
professional service limited liability company  practicing  professional
engineering,  geology,  architecture,  landscape  architecture  or  land
surveying shall bear the name and  seal  of  one  or  more  professional
engineers, professional geologists, architects, landscape architects, or
land surveyors, respectively, who are in responsible charge of such plan
or report.
(c)  Each report, diagnosis, prognosis and prescription made or issued
by a foreign professional service limited liability  company  practicing
medicine,   dentistry,   podiatry,   optometry,  ophthalmic  dispensing,
veterinary medicine, pharmacy, nursing, psychology, physical therapy  or
chiropractic  shall  bear  the  signature  of  one  or  more physicians,
dentists,    podiatrists,    optometrists,    ophthalmic     dispensers,
veterinarians,  pharmacists,  nurses,  licensed  psychologists, physical
therapists or chiropractors, respectively, who are in responsible charge
of such report, diagnosis, prognosis or prescription.
(d) Each record, transcript, report and hearing report prepared  by  a
foreign   professional  service  limited  liability  company  practicing
certified shorthand reporting shall bear the signature of  one  or  more
certified  shorthand  reporters  who  are  in responsible charge of such
record, transcript, report or hearing report.
(e) Each report and  statement  prepared  by  a  foreign  professional
service  limited  liability  company  practicing  public  accounting  or
certified public accounting shall bear the  signature  of  one  or  more
public  accountants  or  certified public accountants, respectively, who
are in responsible charge of such report or statement.
(f) Each opinion prepared by a foreign  professional  service  limited
liability company practicing law shall bear the signature of one or more
attorneys  and  counselors-at-law  who are in responsible charge of such
opinion.
(g) In addition to the requirements in subdivisions (b) through (f) of
this section, each document prepared by a foreign  professional  service
limited  liability  company  that  under the rules, regulations, laws or
customs of the applicable profession is required to bear  the  signature
of an individual in responsible charge of such document, shall be signed
by one or more such individuals licensed to practice in this state.
2023 New York Laws › LLC - Limited Liability Company Law › Article 13 - Foreign Professional Service Limited Liability Companies › 1303 - Professional Relationships and Liabilities.

§  1303.  Professional relationships and liabilities. (a) Each member,
manager, employee or agent of a  foreign  professional  service  limited
liability  company  who  performs professional services in this state on
behalf of such limited liability company shall be personally  and  fully
liable  and  accountable for any negligent or wrongful act or misconduct
committed by him or her or  by  any  person  under  his  or  her  direct
supervision  and  control  while rendering such professional services in
this state and shall bear professional responsibility for compliance  by
such  limited  liability  company  with  all laws, rules and regulations
governing the practice of a profession in this state.
(b) Each shareholder, director, officer,  employee,  member,  manager,
partner   or  agent  of  a  professional  service  corporation,  foreign
professional service corporation, professional service limited liability
company,  foreign  professional  service  limited   liability   company,
registered  limited  liability  partnership,  foreign  limited liability
partnership or professional  partnership  that  is  a  member,  manager,
employee  or  agent  of a foreign professional service limited liability
company who performs professional services in this state  on  behalf  of
such  foreign  professional  service  limited liability company shall be
personally and  fully  liable  and  accountable  for  any  negligent  or
wrongful  act  or  misconduct  committed  by him or her or by any person
under  his  or  her  direct  supervision  and  control  while  rendering
professional  services in this state in his or her capacity as a member,
manager, employee or agent of such foreign professional service  limited
liability   company  and  shall  bear  professional  responsibility  for
compliance by such limited liability company with all  laws,  rules  and
regulations governing the practice of the profession in this state.
(c)  The  relationship  of  a  professional  to a foreign professional
service limited  liability  company  with  which  such  professional  is
associated,  whether  as a member, manager, employee or agent, shall not
modify or diminish  the  jurisdiction  over  such  professional  of  the
licensing  authority and in the case of an attorney and counselor-at-law
or a professional  service  corporation,  foreign  professional  service
corporation,  professional  service  limited  liability company, foreign
professional  service  limited  liability  company,  registered  limited
liability   partnership,   foreign   limited  liability  partnership  or
professional partnership, engaged in the practice of law, the courts  of
this state.
2023 New York Laws › LLC - Limited Liability Company Law › Article 13 - Foreign Professional Service Limited Liability Companies › 1304 - Foreign Professional Service Limited Liability Company.

§  1304.  Foreign  professional service limited liability company.  No
  foreign professional service limited liability company shall  engage  in
  any profession or carry on, or conduct or transact any other business or
  activities  in  this  state other than the rendering of the professional
  services or the carrying on, or conducting or transacting of  any  other
  business  or  activities  for which it is formed and is authorized to do
  business in this state; provided that such limited liability company may
  invest its funds in real estate, mortgages, stocks, bonds or  any  other
  type  of  investments;  provided,  further,  that a foreign professional
  service limited liability company (i) authorized  to  practice  law  may
  only  engage  in  another  profession or other business or activities in
  this state or (ii) which is engaged in a profession or other business or
  activities other than law, may only engage in the  practice  of  law  in
  this  state, to the extent not prohibited by any other law of this state
  or any rule adopted by the appropriate appellate division of the supreme
  court or the court of appeals.
2023 New York Laws › LLC - Limited Liability Company Law › Article 13 - Foreign Professional Service Limited Liability Companies › 1305 - Limited Liability Company Act Applicable.

§  1305.  Limited  liability  company  act  applicable. Except for the
  provisions of sections eight hundred two and eight hundred nine of  this
  chapter,  this  chapter  shall  be  applicable to a foreign professional
  service limited liability company to  the  extent  that  the  provisions
  thereof  are  not  in  conflict  with  the provisions of this article. A
  foreign professional service limited liability company may  practice  in
  this  state  or  may consolidate or merge with another limited liability
  company or other  business  entity,  only  if  all  of  the  professions
  practiced  by  such  limited  liability company or other business entity
  could be practiced by a single professional  service  limited  liability
  company  organized  in  this  state;  and, further, only if such foreign
  professional service limited liability company is domiciled in  a  state
  the  laws of which, at the time of application by such limited liability
  company under section thirteen hundred six of this  article,  contain  a
  reciprocal  provision under which professional service limited liability
  companies domiciled in this state may similarly apply for the  privilege
  of doing business in any such state or territory.
2023 New York Laws › LLC - Limited Liability Company Law › Article 13 - Foreign Professional Service Limited Liability Companies › 1308 - Regulation of Professions.

§  1308. Regulation of professions. (a) This article shall not repeal,
modify or restrict any provision of the education law or  the  judiciary
law  or  any  rules  or  regulations  adopted  thereunder regulating the
professions referred to in the education law or the judiciary law except
to the extent in conflict herewith.
(b) A foreign professional service limited  liability  company,  other
than a foreign professional service limited liability company authorized
to  practice  law,  shall be under the supervision of the regents of the
university of the state of New  York  and  be  subject  to  disciplinary
proceedings  and  penalties,  and  its authority to do business shall be
subject to suspension, revocation or annulment for cause,  in  the  same
manner and to the same extent as is provided with respect to individuals
and their licenses, certificates and registrations in title eight of the
education  law  relating  to the applicable profession.  Notwithstanding
the provisions of  this  subdivision,  a  foreign  professional  service
limited  liability  company  authorized  to  practice  medicine shall be
subject to the pre-hearing procedures  and  hearing  procedures  as  are
provided  with  respect  to  individual physicians and their licenses in
Title II-A of article two of the public health law.
(c)  A  foreign  professional  service   limited   liability   company
authorized  to  practice  law  shall  be  subject  to the regulation and
control of, and its  authority  to  do  business  shall  be  subject  to
suspension, revocation or annulment for cause by, the appellate division
of  the supreme court and the court of appeals in the same manner and to
the same extent provided in the judiciary law with respect to individual
attorneys and counselors-at-law. Such limited liability company need not
qualify for any certification under section four hundred  sixty-four  of
the  judiciary  law,  take  an oath of office under section four hundred
sixty-six of the judiciary law or register under  section  four  hundred
sixty-seven of the judiciary law.
2023 New York Laws › LLC - Limited Liability Company Law › Article 13 - Foreign Professional Service Limited Liability Companies › 1309 - Licensing of Individuals.

§  1309. Licensing of individuals. No member, manager or employee of a
  foreign  professional  service  limited  liability  company  who  is  an
  individual  shall  practice  his  or her profession in this state unless
  such individual is duly licensed to practice  such  profession  in  this
  state.
2023 New York Laws › LLC - Limited Liability Company Law › Article 14 - Savings Clauses; Effective Dates › 1401 - Severability.

§  1401. Severability. If any provision of this chapter or application
  thereof to any person or circumstances is held invalid, such  invalidity
  shall  not  affect other provisions or applications of this chapter that
  can be given effect without the invalid provision or application, and to
  this end the provisions of this chapter are declared severable.
2023 New York Laws › LLC - Limited Liability Company Law › Article 14 - Savings Clauses; Effective Dates › 1402 - Statutory Construction; References.

§  1402.  Statutory  construction;  references.  (a)  Unless otherwise
stated, all references in this chapter to articles or sections refer  to
the  articles  or  sections  of  this chapter, and all references in any
section of this chapter to a lettered or numbered subdivision  refer  to
the subdivision so lettered or numbered in such section.
(b)  Headings to sections are supplied in this chapter for the purpose
of convenient reference and do not constitute part of the law.
(c) As used in this chapter all pronouns and  any  variations  thereof
refer  to  the masculine, feminine or neuter, singular or plural, as the
context may require.
2023 New York Laws › LFN - Local Finance › Article 2 - Local Indebtedness › Title 1 - Power to Contract Indebtedness and Periods of Probable Usefulness › 10.00 - Power of Municipalities, School Districts and District Corporations to Contract Indebtedness.

§  10.00  Power  of  municipalities,  school  districts  and  district
  corporations to contract indebtedness.  In  addition  to  the  power  to
  contract  indebtedness  pursuant  to sections 24.00, 25.00, 25.10, 29.00
  and 29.20 of this article, a municipality, school district  or  district
  corporation  shall  have the power to contract indebtedness respectively
  for any municipal, school district or  district  corporation  object  or
  purpose  set forth in paragraph a of section 11.00 of this title, or for
  a class of such objects or purposes when authorized under the provisions
  of section 31.00 of this article, if it is authorized by law  to  expend
  money  for  or  to accomplish such object or purpose; provided, however,
  that it shall not be able to contract indebtedness to a  greater  extent
  than  it  is authorized by law to spend money for such object or purpose
  or class of such objects or purposes and provided also that this section
  shall not relieve any such unit of government of any duty imposed by law
  to include in its annual budget or tax levy or  otherwise  to  pay  from
  current  funds  all or part of any expenditure that it may make for such
  object or purpose or class of such objects or purposes.
2023 New York Laws › LFN - Local Finance › Article 2 - Local Indebtedness › Title 1-A - Indebtedness Relative to Municipal Cooperative Activities › 15.30 - Debt Statements.

§ 15.30 Debt statements.  a. The state comptroller, in the performance
  of  his  duties  pursuant to section 141.00 of this chapter, shall cause
  debt statements of  municipal  corporations  and  municipalities  to  be
  prepared  in  such  manner  as will reflect (1) the gross amounts of any
  several indebtedness and joint indebtedness contracted or incurred by  a
  participating  municipal  corporation  or  municipality in relation to a
  joint service or joint  water,  sewage  or  drainage  project,  (2)  the
  amounts  of  any  such several indebtedness, and the amounts of any such
  joint  indebtedness  allocated  and  apportioned  to  any  participating
  municipal corporation or municipality, which are to be included as gross
  indebtedness  in  a  debt  statement  prepared  in  accordance  with the
  provisions of title ten of article two of  this  chapter,  and  (3)  the
  amounts  of  any  such  several indebtedness or joint indebtedness which
  under or pursuant to any provision of this chapter may  be  excluded  in
  ascertaining  the debt-contracting margin of the participating municipal
  corporation or municipality.
b. The provisions of section 109.00 and of title ten of article two of
  this chapter which are consistent with the provisions of title one-A  of
  such article shall be applicable in relation to the debt statements of a
  municipal  corporation or municipality which is a participant in a joint
  service or joint water, sewage or drainage project.
2023 New York Laws › LFN - Local Finance › Article 2 - Local Indebtedness › Title 1-A - Indebtedness Relative to Municipal Cooperative Activities › 15.40 - Additional Limitations.

§  15.40  Additional  limitations.    a.  Indebtedness  shall  not  be
  contracted or incurred pursuant to this title for any object or  purpose
  which  is intended to effectuate any of the purposes of article eighteen
  of the state constitution as implemented by the public  housing  law  or
  any other law including this chapter.
b. The following provisions of this chapter shall not be applicable in
  relation  to  indebtedness contracted or incurred in relation to a joint
  service or a joint water, sewage or drainage  project:  Paragraph  c  of
  section 20.00, and sections 28.10, 90.00 and 92.00.
2023 New York Laws › LFN - Local Finance › Article 2 - Local Indebtedness › Title 2 - Local Obligations: Types Thereof › 20.00 - Types of Obligations Which May Be Issued.

§  20.00  Types of obligations which may be issued. a. Bonds, notes or
  other  evidences  of   indebtedness   authorized   to   be   issued   by
  municipalities, school districts or district corporations for any object
  or  purpose shall hereafter be of the following nature and kind only and
  shall be denominated respectively as follows:
1. Serial bonds.
2. Sinking fund bonds or corporate stock.
3. Bond anticipation notes.
4. Tax anticipation notes.
5. Revenue anticipation notes.
6. Capital notes.
7. Budget notes.
8. Urban renewal notes.
9. Deferred payment notes.
* 10. Land installment purchase obligations.
* NB Repealed July 31, 2031
11. Lease, sublease or  other  agreements  entered  into  pursuant  to
  subparagraph  two  of paragraph b of subdivision thirty-eight of section
  sixteen hundred eighty of the public authorities law.
12. Deficiency notes.
b. Nothing contained in this section shall be construed to prevent the
  prepayment of taxes to  a  municipality,  school  district  or  district
  corporation  and  the  furnishing  of  a  non-negotiable receipt of such
  prepayment whether or not interest is  to  be  paid  on  the  moneys  so
  prepaid.
c. Nothing contained in this chapter shall prevent a municipality from
  issuing  evidences  of  indebtedness  to the state of New York or to the
  United  States  of  America  with  respect  to  a  project  or  projects
  undertaken   by  such  municipality  pursuant  to  any  general  law  to
  effectuate any  of  the  purposes  of  article  eighteen  of  the  state
  constitution.
d.  Nothing  contained in this section shall be construed to prevent a
  municipality from issuing evidence  of  indebtedness  or  entering  into
  installment  contracts  to  purchase  equipment, machinery and apparatus
  pursuant to section one hundred nine-b of the general municipal law.
2023 New York Laws › LFN - Local Finance › Article 2 - Local Indebtedness › Title 2 - Local Obligations: Types Thereof › 22.00 - Sinking Fund Bonds of the City of New York.

§ 22.00 Sinking fund bonds of the city of New York. a. The city of New
  York  may  issue  sinking  fund  bonds  pursuant to this section for the
  following purposes:
1. The supply of water,
2.  The  acquisition,  construction  or  equipment  of  rapid  transit
  railroads, or
3. The construction of docks,
  including  the  acquisition  of  land  in  connection  with  any of such
  purposes.
b. Sinking fund bonds issued by the city of New York pursuant to  this
  section  shall  mature  at  a  date not later than the expiration of the
  period of probable usefulness of the object or purpose  for  which  they
  are authorized to be issued, as computed from the date of such bonds or,
  if  bond  anticipation  notes  shall  have  been  issued in anticipation
  thereof, from the date of the earliest note or notes so issued.  Sinking
  fund bonds may be referred to as "corporate stock" or as "term bonds".
c.  Sinking  fund  bonds heretofore or hereafter issued by the city of
  New York pursuant to this section shall be redeemable from  the  sinking
  funds  provided  therefor  pursuant to the New York city charter and the
  administrative code of the city of New York.
d. The provisions of this section shall not be construed  to  prohibit
  the city of New York from issuing sinking fund bonds pursuant to section
  22.10  of  this  chapter  for any of the purposes for which sinking fund
  bonds may be issued pursuant to such section.
2023 New York Laws › LFN - Local Finance › Article 2 - Local Indebtedness › Title 2 - Local Obligations: Types Thereof › 24.10 - Tax Receivable Notes.

§  24.10.  Tax  receivable  notes.  The city of New York may issue tax
  anticipation notes which are tax  receivable  notes.  As  used  in  this
  section,  the  term  "tax  receivable notes" shall mean tax anticipation
  notes issued pursuant to section 24.00 of this title, which shall,  upon
  maturity,  at  the election of the holder thereof if so provided in such
  notes, be receivable at full face value and in lieu of cash  in  payment
  of  any tax of the city of New York, any installment of estimated tax of
  the city of New York, or any interest or penalties thereon, as shall  be
  designated  by  the comptroller of the city of New York at the time such
  tax receivable notes  are  issued.  Tax  receivable  notes  received  in
  payment  of  any such tax or installment of estimated tax or interest or
  penalties shall be cancelled by the officer receiving the  same,  as  of
  the date of their receipt.
2023 New York Laws › LFN - Local Finance › Article 2 - Local Indebtedness › Title 2 - Local Obligations: Types Thereof › 28.00 - Capital Notes.

§  28.00  Capital  notes.    a.  Any  municipality, school district or
  district corporation may issue capital notes to finance all or  part  of
  the cost of any object or purpose for which serial or sinking fund bonds
  may  be  issued. Such capital notes may be renewed from time to time but
  such notes, including the renewals thereof, shall mature not later  than
  the  last  day  of  the second fiscal year succeeding the fiscal year in
  which such notes are issued. However, an installment of  not  less  than
  fifty  per  centum of the amount of such notes shall mature in the first
  fiscal year succeeding the fiscal year in which such notes  are  issued,
  unless  such  notes  are authorized and issued during a fiscal year at a
  time subsequent to the date of the adoption of the annual budget for the
  next succeeding fiscal year.
b. Capital notes shall be redeemed out of  the  taxes  or  assessments
  levied  or  to be levied for the fiscal year in which they mature or out
  of other revenues  of  that  fiscal  year  legally  available  for  that
  purpose.
2023 New York Laws › LFN - Local Finance › Article 2 - Local Indebtedness › Title 3 - Local Obligations: Authorization Thereof › 30.00 - Agency Authorizing Issuance of Obligations.

§  30.00  Agency  authorizing issuance of obligations.  a. The finance
  board shall have the power to authorize the issuance of bonds and notes.
  However, the finance board may, by resolution, delegate  such  power  in
  relation  to  bond  anticipation  notes, tax anticipation notes, revenue
  anticipation notes or urban renewal notes or the  renewals  thereof,  to
  the  chief fiscal officer, in which event the chief fiscal officer shall
  exercise such power until the finance board, by resolution, shall  elect
  to reassume the same.
b.  Whenever the power to authorize the issuance of any of such notes,
  or the renewals thereof, has been delegated to the chief fiscal officer,
  no such note, or such renewal note, authorized by such officer  pursuant
  to such power shall be issued unless such officer shall have first filed
  with  the  finance  board a certificate authorizing the issuance of such
  note, or such renewal note. Such certificate shall contain in  substance
  at  least the same statements and provisions as a finance board would be
  required to incorporate in a resolution adopted by it in compliance with
  section 38.10 or section 39.00 of  this  chapter  and,  in  addition,  a
  statement  that  the power delegated to such officer to issue such note,
  or such renewal note, is in full force  and  effect  and  has  not  been
  modified,  amended  or revoked. Such certificate shall be properly dated
  and signed by the chief fiscal officer and the same shall  be  a  public
  record.  The  failure  to  have  first  filed  such certificate with the
  finance board as hereinbefore provided shall not invalidate the issuance
  of any such note.
c. In such instances in which the chief fiscal officer exercises  such
  power, the same shall be exercised subject to such terms and conditions,
  not  inconsistent  with  the  provisions of this chapter, as the finance
  board may prescribe.
2023 New York Laws › LFN - Local Finance › Article 2 - Local Indebtedness › Title 3 - Local Obligations: Authorization Thereof › 31.00 - Bond Resolution and Capital Note Resolution.

§  31.00  Bond resolution and capital note resolution. a. The issuance
  of bonds shall be authorized by a "bond  resolution."  The  issuance  of
  capital notes or renewals thereof shall be authorized by "a capital note
  resolution."  However,  if  capital  notes are to be issued for the same
  object or purpose for which bonds are to be issued, the issuance of such
  capital notes may be authorized by the bond resolution  authorizing  the
  issuance of such bonds.
b. Any municipality, school district or district corporation may adopt
  one or more bond resolutions or capital note resolutions authorizing the
  issuance of bonds or capital notes for a specific object or purpose, for
  which  object or purpose serial bonds may be issued. In addition thereto
  any  municipality  or  school  district  may  adopt  one  or  more  bond
  resolutions  or  capital  note  resolutions  authorizing the issuance of
  bonds or capital notes for any class of objects or purposes,  for  which
  objects or purposes serial bonds may be issued.
c.  The  issuance of obligations for a capital improvement and for the
  acquisition of land or permanent rights in land for such improvement may
  be authorized by the same bond resolution or  capital  note  resolution,
  notwithstanding  the fact that the subdivision of paragraph a of section
  11.00 of this chapter which sets forth the period of probable usefulness
  for such capital improvement does not include therein the acquisition of
  land or permanent rights in land for such improvement.
d. The issuance of bonds or capital notes for  two  or  more  specific
  objects or purposes or two or more classes of objects or purposes may be
  authorized  by  the  same  bond  resolution  or capital note resolution,
  notwithstanding the fact that  such  specific  objects  or  purposes  or
  classes of objects or purposes are described in separate subdivisions of
  paragraph a of section 11.00 of this chapter, provided:
1. The maximum period of probable usefulness is five years or less, as
  determined by paragraph a of such section 11.00 or pursuant to paragraph
  b of such section, or
2. The bond resolution or the capital note resolution, as the case may
  be, is not subject to either mandatory or permissive referendum.
2023 New York Laws › LFN - Local Finance › Article 2 - Local Indebtedness › Title 3 - Local Obligations: Authorization Thereof › 33.00 - Bond Resolution and Capital Note Resolution; Procedure for Enactment Thereof.

§  33.00  Bond  resolution  and capital note resolution; procedure for
  enactment thereof.  a. Every bond resolution and capital note resolution
  shall be adopted by at least a two-thirds vote of the voting strength of
  the finance board, except that (1) where a bond resolution or a  capital
  note  resolution  is  subject  to  mandatory  referendum before it shall
  become effective or (2) where a bond resolution provides that  it  shall
  be  submitted to a referendum in the manner authorized by or pursuant to
  this chapter, a three-fifths vote shall be sufficient. A  majority  vote
  shall  be  sufficient  for  the adoption of a resolution authorizing the
  renewal of a capital note.
b. Any village having a  population  of  five  thousand  or  more,  as
  determined  pursuant  to the last available federal census, and any city
  may hereafter adopt,  in  the  manner  provided  by  law,  a  local  law
  requiring  public  hearings  on  all  bond  resolutions and capital note
  resolutions  or  on  bond  resolutions  and  capital  note   resolutions
  authorizing  the issuance of obligations for such purposes or amounts as
  may be specified in such local law. Such a local law shall prescribe the
  procedure for such public hearings.
2023 New York Laws › LFN - Local Finance › Article 2 - Local Indebtedness › Title 3 - Local Obligations: Authorization Thereof › 33.10 - Mandatory or Permissive Referenda in Counties.

§  33.10  Mandatory  or permissive referenda in counties. a. Except as
  otherwise  provided  in  paragraph  b  of  this  section   neither   the
  expenditure  of  money for an object or purpose for which it is proposed
  to issue obligations nor a bond resolution or  capital  note  resolution
  shall  be  subject  to  a  mandatory  or  a permissive referendum in any
  county.
b. * 2. If, prior to the effective date of this chapter in any  county
  operating under an alternative or optional form of government, the board
  of  supervisors of such county is empowered to submit to a referendum at
  any general or special election any  act  or  resolution  of  the  board
  providing  for the expenditure of any sum greater than two hundred fifty
  thousand dollars for a  permanent  public  improvement  or  improvements
  whether  or  not  obligations  are  to be issued for such improvement or
  improvements,  the  finance  board  of  such  county  may  submit  to  a
  referendum at any general or special election, in the manner provided in
  such  alternative  or optional form of government, any act or resolution
  providing for the expenditure of any sum greater than two hundred  fifty
  thousand  dollars for a permanent public improvement or improvements for
  which it intends to issue obligations.
* NB There are 2 sb 2's
* 2. A resolution authorizing the issuance of bonds or  capital  notes
  by  a  county  for  the  object  or  purpose  described  in  subdivision
  forty-nine of paragraph a of section 11.00  of  the  local  finance  law
  shall  be  subject  to a permissive referendum in the manner provided in
  article three-A of the county law as amended from time to time.
* NB There are 2 sb 2's
2023 New York Laws › LFN - Local Finance › Article 2 - Local Indebtedness › Title 3 - Local Obligations: Authorization Thereof › 34.00 - Bond Resolution May Be Subject to Mandatory or Permissive Referendum; Cities.

§  34.00  Bond  resolution  may  be subject to mandatory or permissive
  referendum; cities.  a. Except as otherwise provided in paragraph  b  of
  this  section, neither the expenditure of money for an object or purpose
  for which it is proposed to issue obligations nor a bond  resolution  or
  capital  note resolution shall be subject to a mandatory or a permissive
  referendum in any city.
b. Any city may adopt, in the manner provided  by  law,  a  local  law
  requiring that all bond resolutions, or bond resolutions authorizing the
  issuance  of  bonds  for such purposes or amounts as may be specified in
  such local law,  shall  be  subject  to  a  mandatory  or  a  permissive
  referendum  after  such  resolutions  have  been  adopted by the finance
  board. Such a local law shall prescribe the qualifications of the voters
  at and the procedure for such a mandatory or a permissive referendum and
  shall not itself be subject to a permissive or mandatory referendum. The
  provisions of  this  paragraph  shall  not  apply  to  bond  resolutions
  authorizing  the  issuance  of  bonds  for  the payment of judgments, or
  compromised or settled claims against  such  city,  or  awards  or  sums
  payable  by  such  city  pursuant  to  a determination by a court, or an
  officer, body or agency acting in an  administrative  or  quasi-judicial
  capacity, or to provide sewage disposal or treatment facilities required
  by  any  order  of  the  state  commissioner  of  health or of the water
  resources commission directing compliance with standards, determinations
  or orders promulgated pursuant to article twelve of  the  public  health
  law to prevent pollution of the waters of the state.
2023 New York Laws › LFN - Local Finance › Article 2 - Local Indebtedness › Title 3 - Local Obligations: Authorization Thereof › 36.00 - Bond Resolution Subject to Permissive Referendum; Villages.

§  36.00  Bond  resolution subject to permissive referendum; villages.
  a. A bond resolution adopted by the finance board of a village shall  be
  subject  to  a permissive referendum or such resolution may be submitted
  to a referendum by such finance board on its own motion, in  the  manner
  prescribed  in  article nine of the village law, as amended from time to
  time. The foregoing provisions of this paragraph shall not  apply  to  a
  bond resolution authorizing the issuance of bonds:
1. With a proposed maturity of not more than five years to be measured
  from  the  date  of  the  bonds  or  from  the  date  of  the first bond
  anticipation note issued in anticipation of  the  sale  of  such  bonds,
  whichever date is the earlier.
2.  For  a  capital improvement or equipment, of which any part of the
  cost is chargeable primarily to benefited real property.
3. For the construction, pavement or other improvement of a street  or
  highway through such village, the cost of which is to be paid in part by
  such  village  and  in  part  by the county or state, as provided in the
  highway law, as amended from time to time.
4. For the payment of judgments,  or  compromised  or  settled  claims
  against such village, or awards or sums payable by such village pursuant
  to  a  determination by a court, or an officer, body or agency acting in
  an administrative or quasi-judicial capacity.
5. To provide for the construction or reconstruction of facilities for
  the conveyance, treatment and disposal of sewage required by  any  order
  of the state commissioner of health or of the water resources commission
  directing   compliance   with   standards,   determinations   or  orders
  promulgated pursuant to article twelve  of  the  public  health  law  to
  prevent pollution of the waters of the state.
6. To provide for construction or reconstruction of facilities for the
  incineration and disposal of refuse and garbage required by any order of
  the  commissioner  of  health, the air pollution control board or county
  health commissioner directing compliance with standards,  determinations
  or  orders promulgated pursuant to article twelve-A of the public health
  law or pursuant to a local law, ordinance or regulation of the governing
  body of a county, which complies with at least  the  minimum  applicable
  requirements  set  forth  in  any  code,  rule or regulation promulgated
  pursuant to article twelve-A  of  the  public  health  law  to  prevent,
  control or prohibit pollution of the air resources of the state.
b.  The  expenditure  of  money  for  which  it  is  proposed to issue
  obligations shall not be subject to a permissive or mandatory referendum
  in any village.
2023 New York Laws › LFN - Local Finance › Article 2 - Local Indebtedness › Title 3 - Local Obligations: Authorization Thereof › 38.00 - Referenda on Bond Resolutions or Capital Note Resolutions; Fire Districts and Other District Corporations.

§  38.00  Referenda  on  bond resolutions or capital note resolutions;
  fire districts and other district corporations.  a. A bond resolution or
  a capital note resolution  adopted  by  the  finance  board  of  a  fire
  district  shall  not become effective unless it shall have been approved
  at a regular or special election of such district in the manner provided
  in section one hundred and seventy-nine of the town law, as amended from
  time to time.
b. 1. If, prior to the effective date of this chapter, in  a  district
  corporation other than a fire district, the voting of a special tax or a
  tax  to  be  collected  in  installments  for an object or purpose, at a
  regular or special election or meeting, is a condition precedent to  the
  authorization of the issuance of obligations for such object or purpose,
  a  bond resolution or a capital note resolution authorizing the issuance
  of bonds or capital notes for  such  object  or  purpose  shall  not  be
  adopted  by  the  finance  board  unless  a  special  tax or a tax to be
  collected in installments for such object or  purpose  shall  have  been
  voted at such an election or meeting in the manner provided by law.
2.  If,  prior  to  the  effective date of this chapter, in a district
  corporation other than a fire district, the approval  of  a  proposition
  for  the  expenditure of money for an object or purpose, at a regular or
  special  election  or  meeting,  is  a  condition   precedent   to   the
  authorization of the issuance of obligations for such object or purpose,
  a  bond resolution or a capital note resolution authorizing the issuance
  of bonds or capital notes for  such  object  or  purpose  shall  not  be
  adopted by the finance board unless a proposition for the expenditure of
  money  for  such  object  or purpose shall have been approved at such an
  election or meeting in the manner provided by law.
3. If, prior to the effective date of  this  chapter,  in  a  district
  corporation  other  than  a  fire  district,  the  authorization  of the
  issuance of obligations for an object or purpose must be approved  at  a
  regular  or  special election or meeting, a bond resolution or a capital
  note resolution adopted by the finance board authorizing the issuance of
  bonds or capital notes for such  object  or  purpose  shall  not  become
  effective  unless  it shall have been so approved at such an election or
  meeting in the manner provided by law.