Chapter - NYS FINANCIAL EMERGENCY ACT FOR THE CITY OF NY
- Section 1 - Short title
- Section 2 - Definitions
- Section 2-a - Legislative declaration of financial emergency
- Section 3 - General rights and prohibitions
- Section 4 - Power of city or covered organization to determine the expenditure of available funds
- Section 5 - New York state financial control board; created
- Section 6 - Administration of the board
- Section 7 - Functions of the board
- Section 7-a - Reports of the city
- Section 8 - Development of the financial plan
- Section 9 - Establishment and application of the board fund
- Section 9-a - Establishment and application of a general debt service fund
- Section 9-b - Limitations on short-term borrowing
- Section 10 - Wage freeze
- Section 10-a - Covenants, authorizations to agree and remedies
- Section 11 - Prohibitions; penalties
- Section 12 - Indemnification
- Section 13 - Termination
- Section 14 - Separability
- Section 15 - Court preference