Section 55. Projects undertaken by municipalities

Latest version.

Any municipality may
  undertake  one  or  more  projects,  and  for  that  purpose,  any  such
  municipality is hereby given the rights, powers and privileges and shall
  be  subject  to  the  duties  and obligations granted to or imposed upon
  authorities with respect to projects by the provisions of this  chapter.
  The  municipality,  however,  shall  be subject to the provisions of the
  local finance law, except as otherwise provided in section 20.00 of such
  law.

                    
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