Endorsements of Principal Payments on Bonds and Notes.

  1. Law
  2. New York Laws
  3. Local Finance
  4. Local Indebtedness
  5. Local Obligations: Terms, Form and Contents Thereof; Sale and Issuance Thereof
  6. Endorsements of Principal Payments on Bonds and Notes.

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§ 55.10. Endorsements of principal payments on bonds and notes. A bond or note shall not provide for the notation of payments of principal thereon. Only one bond or note shall be set forth in a single instrument and such bond or note, when paid, shall be surrendered for cancellation or destruction in the manner provided in this chapter.



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