N.Y. New York City health and hospitals corporation act 1016/69 § 18: Assistance to the corporation

§ 18. Assistance to the corporation. The state or city shall be

empowered to make grants of money or property to the corporation for the

purpose of enabling it to carry out its corporate purposes and for the

exercise of its powers, including, but not limited to, deposits to the

capital reserve fund to assist the corporation in maintaining the said

capital reserve fund in the amounts required by section thirteen.

Nothing in this section shall be interpreted as implying that in the

absence thereof the state or city would not be empowered to make such

grants to the corporation.