N.Y. State Finance Law 63 – Expense of preparing and selling bonds
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§ 63. Expense of preparing and selling bonds. From the moneys realized from the sale of bonds heretofore or hereafter authorized the comptroller shall apportion the expense of preparing and selling such bonds against the appropriation or appropriations, and shall use such apportioned funds in paying such expenses.
Terms Used In N.Y. State Finance Law 63
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization