General Municipal Law 12 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 11 Temporary investments up ARTICLE 2 General Municipal Finances next SECTION 20 Special population census: population data Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 12 Deposits of public authorities, public benefit corporations and other corporations General Municipal (GMU) CHAPTER 24, ARTICLE 2 § 12. Deposits of public authorities, public benefit corporations and other corporations. In the event any public authority, public benefit corporation or such other corporation to whose governing board the mayor of the city of New York appoints one or more members shall require security from a bank or trust company for deposit of moneys, then such security may include obligations of the city of New York.