New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 2. Department of Audit and Control |
Chapter II. Municipal Affairs |
Subchapter D. Exclusion of Self-Liquidating Indebtedness from Limitations |
Part 60. Exclusion of Self-Liquidating Indebtedness in Ascertaining Power of a Municipality to Contract Indebtedness |
Sec. 60.2. Execution of applications
Latest version.
- The application shall be made by the chief fiscal officer, in the case of a municipality, and by the finance board, in the case of a district corporation. In the event the application is made by a city, village or town for the exclusion of all or part of the outstanding indebtedness of a district corporation, such application shall be made by the chief fiscal officer of such municipality. The application of a chief fiscal officer of a municipality shall be verified by such officer; the application of the finance board of a district corporation shall be verified by such board. If the application is made by the chief fiscal officer, it shall state the title of his office.