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  • SECTION 152.00
    Deductions for self-liquidating housing projects
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  • TITLE 11
    Power to Contract Indebtedness For Housing Purposes and Limitations Thereon
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  • SECTION 154.00
    Disposition of proceeds resulting from the satisfaction of certain mortgages
    • Viewing most recent revision (from 2014-09-22)

    SECTION 153.00

    Authorization for municipality to assign for collateral or pledge its mortgage interest

    Local Finance (LFN) CHAPTER 33-A, ARTICLE 2, TITLE 11

    § 153.00 Authorization for municipality to assign for collateral or
    pledge its mortgage interest. Any municipality shall be authorized to
    assign for collateral or pledge as security for any of its bonds, notes
    or other obligations its mortgage interest in a project constructed
    pursuant to article two of the private housing finance law to the state
    or to any political subdivision thereof.