2016 New York Laws
STF - State Finance
Article 6 - (State Finance) FUNDS OF THE STATE
97-JJ*2 - Not-for-profit short-term revolving loan fund.

NY State Fin L § 97-JJ*2 (2016) What's This?

* 97-jj. Not-for-profit short-term revolving loan fund. 1. There is hereby established in the joint custody of the comptroller and the commissioner of taxation and finance a fund to be known as the not-for-profit short-term revolving loan fund. Such fund shall consist of moneys made available pursuant to appropriation and any other sources in order to provide support for prompt contracting with and payment of not-for-profit organizations.

2. Moneys of the fund may be expended pursuant to section one hundred seventy-nine-z of this chapter. Moneys shall be paid out of the fund on the audit and warrant of the state comptroller pursuant to such section.

* NB There are 2 97-jj's


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