Maximum authorization

N.Y. NYS Project Finance Agency Act 7/75 § 18, under NYS Project Finance Agency Act7/75.

N.Y. NYS Project Finance Agency Act 7/75 § 18

§ 18. Maximum authorization. The agency shall not issue bonds and notes in an aggregate principal amount exceeding three hundred five million dollars, excluding bonds and notes issued to refund or otherwise repay outstanding bonds and notes of the agency or of the corporation.