New York Local Finance Law Title 8 - LIMITATIONS ON THE POWER TO CONTRACT INDEBTEDNESS

• 100.00 - Requirement of Pledge of Faith and Credit.
  100.00 Requirement of pledge of faith and credit. Every municipality, school district and district corporation shall pledge its faith and credit for the payment of...
• 101.00 - Giving or Loaning of Municipal Credit and Contracting Indebtedness Other Than for Municipal Purposes Prohibited.
  101.00 Giving or loaning of municipal credit and contracting indebtedness other than for municipal purposes prohibited. a. No municipality, school district or district corporation shall:...
• 102.00 - Consent by Cities, Towns and Villages to the Contracting of Indebtedness by Certain District Corporations.
  102.00 Consent by cities, towns and villages to the contracting of indebtedness by certain district corporations. a. As used in this section, the term "district...
• 103.00 - Limitation on the Power of Cities and Villages to Authorize Certain Obligations.
  103.00 Limitation on the power of cities and villages to authorize certain obligations. a. If in any city or village, prior to the effective date...
• 104.00 - Limitation on Amount of Local Indebtedness Which May Be Contracted.
  104.00 Limitation on amount of local indebtedness which may be contracted. a. The term "indebtedness", as used in this section, shall mean in relation to...
• 104.10 - Additional Limitations on the Power to Contract Indebtedness.
  104.10 Additional limitations on the power to contract indebtedness. In addition to the other limitations of this chapter on the power to contract indebtedness: 1....
• 105.00 - Exclusion of Indebtedness for Certain Assessable Improvements; Buffalo, Rochester and Syracuse.
  105.00 Exclusion of indebtedness for certain assessable improvements; Buffalo, Rochester and Syracuse. In ascertaining the power of the cities of Buffalo, Rochester and Syracuse to...
• 106.00 - When Debt-Contracting Power of Certain Counties and Towns Shall Cease.
  106.00 When debt-contracting power of certain counties and towns shall cease. a. Whenever the boundaries of any city are the same as those of a...
• 107.00 - Down Payment.
  107.00 Down payment. a. As used in this section the term "current funds" shall include: 1. Budgetary appropriations for capital improvements or equipment, which appropriations...
• 108.00 - Financing of Safety Net Assistance on a Pay-As-you-Go Basis.
  108.00 Financing of safety net assistance on a pay-as-you-go basis. In the fiscal year of a county, city or town commencing during the calendar year...
• 109.00 - Filing of Debt Statement Required.
  109.00 Filing of debt statement required. a. Not more than fifteen nor less than three days before any municipality, fire district, or any school district...

Last modified: February 3, 2019