§ 55.10. Endorsements of principal payments on bonds and notes. A bond\nor note shall not provide for the notation of payments of principal\nthereon. Only one bond or note shall be set forth in a single instrument\nand such bond or note, when paid, shall be surrendered for cancellation\nor destruction in the manner provided in this chapter.\n
Endorsements of principal payments on bonds and notes
N.Y. Local Finance Law § 55.10, under Local Obligations: Terms, Form and Contents Thereof; Sale and Issuance Thereof.
N.Y. Local Finance Law § 55.10