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Statutes > New York Laws > PBG - Public Housing > Article 4 - (70 - 76-A) STATE AID > 76 - Pledge of subsidy.

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NEW YORK STATUTES AND CODES

76 - Pledge of subsidy.

§ 76. Pledge of subsidy. Payments under any contracts for periodic subsidies by the state may be pledged by an authority as security for loans obtained from any source for the project to which such periodic subsidies relate.

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