New York State Finance Law Section 66-L - Certificates of participation executed and delivered by the state of New York bond bank agency on behalf of a political subdivision.

 66-l.  Certificates  of  participation executed and delivered by the
  state of New York bond bank agency on behalf of a political subdivision.
  The provisions of this  article  shall  not  apply  to  certificates  of
  participation  executed and delivered by the state of New York bond bank
  agency on behalf of a political subdivision as provided for  in  section
  one  hundred nine-b of the general municipal law and section twenty-four
  hundred thirty-five-a of the public authorities law.

Last modified: February 3, 2019