New York A09410 amends local finance law to permanently set the first installment of serial bonds to mature within two years, allows redemption of.

New York A09410 amends the local finance law by permanently requiring that the first installment of serial bonds mature no later than two years after the date of such bonds. It also allows the finance board of a municipality, school district, or corporation to redeem unpaid principal installments of bonds before their maturity date, under terms determined at the time of issuance.

New York A09410 amends local finance law to permanently set the first installment of serial bonds to mature within two years, allows redemption of.

New York A09410 amends the local finance law by permanently requiring that the first installment of serial bonds mature no later than two years after the date of such bonds. It also allows the finance board of a municipality, school district, or corporation to redeem unpaid principal installments of bonds before their maturity date, under terms determined at the time of issuance.