Legislation
SECTION 15.40
Additional limitations
Local Finance (LFN) CHAPTER 33-A, ARTICLE 2, TITLE 1-A
§ 15.40 Additional limitations. a. Indebtedness shall not be
contracted or incurred pursuant to this title for any object or purpose
which is intended to effectuate any of the purposes of article eighteen
of the state constitution as implemented by the public housing law or
any other law including this chapter.
b. The following provisions of this chapter shall not be applicable in
relation to indebtedness contracted or incurred in relation to a joint
service or a joint water, sewage or drainage project: Paragraph c of
section 20.00, and sections 28.10, 90.00 and 92.00.
contracted or incurred pursuant to this title for any object or purpose
which is intended to effectuate any of the purposes of article eighteen
of the state constitution as implemented by the public housing law or
any other law including this chapter.
b. The following provisions of this chapter shall not be applicable in
relation to indebtedness contracted or incurred in relation to a joint
service or a joint water, sewage or drainage project: Paragraph c of
section 20.00, and sections 28.10, 90.00 and 92.00.