New York Codes, Rules and Regulations
Title 2 - DEPARTMENT OF AUDIT AND CONTROL
Chapter II - Municipal Affairs
Subchapter C - Cancellation And Destruction Of Obligations
Part 55 - Cancellation And Destruction Of Obligations Of Municipalities, School Districts And District Corporations
Section 55.8 - Cancellation and destruction of partially destroyed or defaced obligations

When new bonds, corporate stock, notes or coupons are to be reissued pursuant to the provisions of section 164.00 of the Local Finance Law, to replace a partially destroyed or defaced obligation, there shall be written or stamped in ink upon the face of the obligation, if possible, or if not possible then upon a paper attached to the obligation, the following words: "Void. New obligation issued pursuant to Section 164.00 of the Local Finance Law on................, 19...." The chief fiscal officer, or his duly delegated deputy, shall subscribe his name and title to such statement. Such partly destroyed or partly defaced obligation shall not be destroyed until six years after the payment of the new obligation issued in lieu thereof, at which time the destruction shall be by burning.