2015 New York Laws
PML - Racing, Pari-Mutuel Wagering and Breeding Law
Article 3 - (Racing, Pari-Mutuel Wagering and Breeding Law) HARNESS RACING AND BREEDING
331 - Powers.
331. Powers. The fund shall have power:
1. To sue and be sued.
2. To have a seal and alter the same at pleasure.
3. To acquire, hold and dispose of personal property for its corporate purposes.
4. To make by-laws for the management and regulation of its affairs.
5. To invest or to authorize the comptroller to invest on behalf of the fund any moneys of the fund pursuant to the provisions of section ninety-eight-a of the state finance law, and all interest earned shall be credited to each account authorized by section three hundred thirty-two of this chapter pursuant to resolution.
Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
