New York § 120-K - 120-KPayments; how made
Full text of New York New York Consolidated Laws § 120-K — 120-KPayments; how made, with citation guidance and answers to common questions.
§ 120-K. 120-KPayments; how made
§ 120-k. Payments; how made. It shall be lawful for the governing body or board having control of the finances of such contracting municipality, in lieu of issuing the bonds of such municipality, to pay its proportion of the costs and expenses of any improvements jointly contracted for and made under this act, with money to be raised by taxation, after the making of the public improvements herein authorized have been determined upon and a joint contract made and entered into pursuant to the provisions of this act, or by paying the whole or part of such indebtedness out of all moneys belonging to such contracting municipality not otherwise appropriated or required.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 120-K
What does New York Consolidated Laws § 120-K cover?
Section 120-K ("120-KPayments; how made") is part of the New York Consolidated Laws, the codified statutory law of New York. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New York § 120-K?
A common citation format is "New York Consolidated Laws § 120-K" (New York). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New York law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.
How does New York § 120-K apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New York.