N.Y. Comp. Codes R. & Regs. tit. 2 § 100.10
Current through Register Vol. 46, No. 50, December 11, 2024
(a) Where Opinions of the Attorney General, with respect to the validity and legality of new issues of bonds and notes of the State are not printed on the bonds or notes, photostatic copies may be obtained by the purchasers of such issues from the State fiscal agent.(b) Denominations. Reconversion of registered bonds (only for bonds originally issued prior to June 30, 1983) to coupon bonds and temporary receipts therefor shall be issued only in the denomination of $1,000 and/or $5,000 at the discretion of the Comptroller. Registered bonds shall be issued only in fully registered form in such denomination or denominations as the Comptroller shall determine. Upon the presentation and surrender of registered bonds of one denomination, the State fiscal agent shall deliver an equal principal amount of registered bonds of other authorized denominations registered in the name of the registered owner of the bonds surrendered. Notes with a maturity of less than one year may be issued either in registered form or in bearer form, without coupons, in such denomination or denominations as the Comptroller may determine.(c) Window ticket receipts. Upon the presentation of temporary receipts, bonds, notes or other obligations of the State for exchange, conversion, transfer or payment, the State fiscal agent may issue window ticket receipts therefor. Such receipts, properly signed, must be returned to the bank upon the delivery of the temporary receipts, bonds, notes, checks or other obligations resulting from such exchange, conversion, transfer, or payment.(d) Federal regulations. In any transaction under any sections of this Part which involves or is affected by the Trading with the Enemy Act, Executive Order No. 8389 as amended, or any other law of the United States or any regulation or executive order issued thereunder, in addition to all other requirements provided by this Part, there must be lodged with the State fiscal agent an original license (or photostatic copy thereof) issued by the Treasury Department, by a Federal Reserve Bank on its behalf, or by other duly authorized public officials, authorizing the carrying out of such transactions. In the event that a license shall have been submitted in connection with the payment of interest on State obligations, attention is called to the fact that it may be necessary to submit renewal licenses (or photostatic copies thereof) covering payments to be made after the expiration date of the original license.N.Y. Comp. Codes R. & Regs. Tit. 2 § 100.10