Laws of New York (Last Updated: November 21, 2014) |
PBA Public Authorities |
Article 9. GENERAL PROVISIONS |
Title 9. INTEREST RATES ON PUBLIC AUTHORITY BONDS AND NOTES |
Section 2960. Interest rates
Latest version.
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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.