46 - Suit on authority bonds. - New York Statutes

§ 46. Suit on authority bonds. In any suit, action or proceeding upon any bond of an authority or the security therefor, any such bond reciting in substance that it has been issued by the authority to aid in financing a project to provide dwelling accommodations for persons of low income pursuant to the procedure required in this chapter shall be conclusively deemed to have been issued for a project of such character and pursuant to such procedure.