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New York · Through 2026-09-11

N.Y. General Municipal Law § 858-a: Compensation, procurement and investment

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Where this section sits in the code
  1. General Municipal Law
  2. Article 18-A. Industrial Development
  3. Title 1. Agencies, Organization and Powers

§ 858-a. Compensation, procurement and investment. 1. The compensation

of an officer or full-time employee of the agency (but not including

part-time employees or consultants, including accountants, attorneys and

bond counsel to the agency) shall not be contingent on the granting of

financial assistance by an agency.

2. The provisions of section one hundred four-b of this chapter shall

be applicable to the procurement of goods and services paid for by an

agency for its own use and account.

3. The provisions of sections ten and eleven of this chapter shall be

applicable to deposits and investments of funds for an agency's own use

and account.

Collected 2026-09-14T19:32:45Z. Source file · JSON

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