New York A04709 amends the local finance law to set a permanent two-year maturity for the first installment of serial bonds and allows for their.

New York A04709 amends the local finance law to permanently set the first installment of serial bonds to mature no later than two years after the date of the bonds. It allows for the redemption of principal installments remaining unpaid on bonds before their maturity, with the terms determined by the finance board of a municipality, school district, or corporation at the time of issuance.

New York A04709 amends the local finance law to set a permanent two-year maturity for the first installment of serial bonds and allows for their.

New York A04709 amends the local finance law to permanently set the first installment of serial bonds to mature no later than two years after the date of the bonds. It allows for the redemption of principal installments remaining unpaid on bonds before their maturity, with the terms determined by the finance board of a municipality, school district, or corporation at the time of issuance.