There is a newer version of the New York Consolidated Laws
2022
2021
2020
2019
2018
Other previous versions
View our newest version here

2015 New York Laws
STF - State Finance
Article 11-B - (State Finance) PROMPT CONTRACTING AND INTEREST PAYMENTS FOR NOT-FOR-PROFIT ORGANIZATIONS
179-Y - Duties of the comptroller.

NY State Fin L § 179-Y (2015) What's This?
  179-y.  Duties  of the comptroller. 1. The state comptroller shall:
  (a) promulgate such rules and regulations as may be necessary  to  carry
  out  the  comptroller's  responsibilities  under  this article including
  provisions for repayment; and (b) develop and implement a procedure  for
  calculating  the  amount  of interest, if any, due to any not-for-profit
  organization pursuant to the provisions of this article.

2. Nothing contained in this section shall be deemed to  preclude  the
  comptroller  from  subsequently  promulgating,  developing,  or amending
  rules and regulations or procedures pursuant to,  and  consistent  with,
  this article.

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.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.