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the New York Laws
2021 New York Laws
COM - Economic Development Law
Article 6 - New York State Economic Development Power Allocation Board
186 - Transfers of Economic Development Power.
Universal Citation: NY Econ Dev L § 186 (2021)
§ 186. Transfers of economic development power. The transfer of an economic development power allocation between facilities of a recipient shall be prohibited unless specifically approved by the board as consistent with the criteria and requirements in sections one hundred eighty-four, one hundred eighty-five and subdivision (g) of section one hundred eighty-seven of this article as may be applicable. Any transfer which occurs without the board's approval shall be invalid and such transfer may subject the recipient to revocation of its allocation and modification or revocation of its contract.
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