2 CRR-NY 25.3NY-CRR
STATE COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 2. DEPARTMENT OF AUDIT AND CONTROL
CHAPTER II. MUNICIPAL AFFAIRS
SUBCHAPTER A. SALES OF BONDS AND NOTES; DEBT STATEMENTS
PART 25. REQUIREMENTS FOR NOTICE OF SALE OF BONDS BY MUNICIPALITIES, SCHOOL DISTRICTS AND DISTRICT CORPORATIONS
2 CRR-NY 25.3
2 CRR-NY 25.3
25.3 Alternative method of publication and circularization.
In lieu of the requirement for publication prescribed by section 25.2 of this Part, such notice of the sale of bonds may be published and circularized in the following manner:
(a) by at least one publication of such notice in any newspaper or newspapers which are designated for that purpose by the finance board of the issuer; and
(b) by mailing a copy of such notice to the following:
(1) State Comptroller, 110 State Street, Albany, NY 12236-0001;
(2) 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, then to such bank and to at least two banks or trust companies having a place of business in an adjoining county;
(3) the Daily Bond Buyer, 1 State Street Plaza, New York, N.Y. 10004; and
(4) at least 10 bond dealers which are designated for that purpose by the finance board of the issuer. the finance board may authorize the chief fiscal officer to make such designations.
2 CRR-NY 25.3
Current through August 31, 2022
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IMPORTANT NOTE REGARDING CONTENT CURRENCY: JULY 31, 2023, is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Admisnistrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of the NYS Rules.