44 RCNY § 1-01 Issuance of New Bond.
§ 1-01 Issuance of New Bond.
Upon registration of the transfer of a registered bond, the transferee may be provided with a new bond.
Bond Transfers
RCNY tit. 44, ch. 1
in effect44 RCNY § 1-02 Form of New Bond.
§ 1-02 Form of New Bond.
The new bond shall be of substantially the same form and tenor as the bond presented, except as provided below.
44 RCNY § 1-03 Signing and Attesting of New Bond.
§ 1-03 Signing and Attesting of New Bond.
The new bond shall be signed and attested, either:
(a) by manual or facsimile signature by the appropriate persons in office at the time of delivery to the transferee, or
(b) by facsimile signature of the appropriate persons in office at the time of issuance, provided, however, that in the event the new bond is not authenticated by the fiscal agent, as defined in or designated pursuant to § 70.00 of the New York Local Finance Law, as the case may be, it shall be attested by the manual signature of the City Clerk, or the deputy of the City Clerk, in office at the time of delivery to the transferee.
44 RCNY § 1-04 Execution and Authentication of New Bond.
§ 1-04 Execution and Authentication of New Bond.
The new bond shall be executed as of the date of the bond presented and shall be authenticated as of the date of delivery of the new bond.
44 RCNY § 1-05 Destruction of Old Bond.
§ 1-05 Destruction of Old Bond.
The bond presented shall be destroyed in such manner as is set forth in any agreement between the City and its fiscal agent and a certificate of destruction shall be prepared as set forth in such agreement.
44 RCNY § 1-06 Effectiveness.
§ 1-06 Effectiveness.
These Rules and Regulations shall be effective immediately; provided, however, that neither delivery of new bonds prior to the effective date hereof nor the application of procedures inconsistent with the requirements of these Rules and Regulations shall affect the validity of new bonds.
Source: City of New York, Charter, Administrative Code and Rules (American Legal Publishing XML export, codelibrary.amlegal.com)URL: https://codelibrary.amlegal.com/codes/newyorkcity/latest/NYCrules/0-0-0-82769Fetched: 10/24/2026