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7 sections · 0 paragraphs in this article.
N.Y. Const. art. VIII, § 1 Gift or loan of property or credit of local subdivisions prohibited; exceptions for enumerated purposes
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No county, city, town, village or school district shall give or loan any money or property to or in aid of any individual, or private corporation or association, or private undertaking, or become directly or indirectly the owner of stock in, or bonds of, any private corporation o…
N.Y. Const. art. VIII, § 2 Restrictions on indebtedness of local subdivisions; contracting and payment of local indebtedness; exceptions
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§2. No county, city, town, village or school district shall contract any indebtedness except for county, city, town, village or school district purposes, respectively. No indebtedness shall be contracted for longer than the period of probable usefulness of the object or purpose f…
N.Y. Const. art. VIII, § 3 Local indebtedness for water supply, sewage and drainage facilities and purposes; allocations and exclusions of indebtedness
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§2-a. Notwithstanding the provisions of section one of this article, the legislature by general or special law and subject to such conditions as it shall impose: Indebtedness contracted by a county, city, town or village pursuant to this section shall be for a county, city, town …
Restrictions on creation and indebtedness of certain corporations
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§3. No municipal or other corporation (other than a county, city, town, village, school district or fire district, or a river improvement, river regulating, or drainage district, established by or under the supervision of the department of conservation) possessing the power (a) t…