New York Codes, Rules and Regulations
Title 2 - DEPARTMENT OF AUDIT AND CONTROL
Chapter II - Municipal Affairs
Subchapter A - Sales Of Bonds And Notes; Debt Statements
Part 26 - Requirements For Notice Of Sale Of Notes By Municipalities, School Districts And District Corporations
Section 26.2 - Circularization of notice
Current through Register Vol. 46, No. 39, September 25, 2024
Each notice of the sale of notes to be sold at public sale pursuant to the Local Finance Law shall be circularized by mailing a copy of the notice to the following:
(a) State Comptroller, 110 State Street, Albany, NY 12236-0001;
(b) at least two banks or trust companies having a place of business in the county or counties in which the issuer is located or, if only one bank is located in such county or counties, to such bank and to at least two banks or trust companies having a place of business in an adjoining county; and
(c) at least 10 bond dealers designated by the finance board of the issuer. The finance board may authorize the chief fiscal officer to make such designations.
