New York Public Housing Law Section 95 - Authorization to guarantee.

  95.  Authorization  to guarantee.   A municipality is authorized to
  guarantee for a period not exceeding the probable life of a project, the
  principal of and interest on, or  only  the  interest  on,  indebtedness
  contracted  by  an  authority operating within the territorial limits of
  such municipality in connection with such project.

Last modified: February 3, 2019