N.Y. Public Authorities Law § 2429-e: Examination

§ 2429-e. Examination. At least once in each calendar year the agency

shall be examined by the superintendent of financial services for the

purposes of determining the agency's net worth and the soundness of its

management and operating policies. The agency shall not, however, be

deemed to be a banking organization. The agency shall pay the cost of

each such examination. Copies of each examination report, including the

findings, conclusions and recommendations of the examiners, shall be

furnished to the agency. The agency shall furnish a complete copy of

each report, including the findings, conclusions and recommendations of

the examiners, to the comptroller.