N.Y. Public Authorities Law § 3039: Review by the corporation

* § 3039. Review by the corporation. In order to determine whether

the city has taken or is taking action to effect compliance with any

conditions imposed pursuant to section three thousand thirty-eight of

this chapter, the corporation may from time to time conduct a review of

the records, accounts, budgets, forecasts, projections and other

relevant materials of the city. The corporation may conduct such review

by using (i) its own employees, (ii) its agents, or (iii) any state

employees provided to the corporation for such purpose. The city shall

make available for such review all books and records, and shall furnish

copies of all financial statements, budgets, forecasts, projections,

information or corrective action taken by the city in response to any

notices from the corporation and all information related to the

foregoing, as requested by the persons conducting such review, and shall

make its officers and employees available to and shall otherwise

cooperate with such persons to permit such review to be completed as

promptly as possible.

* NB The corporation shall continue for a term ending the later of

July 1, 2008 or one year after its liabilities have been fully paid and

discharged per § 3033 sub 1.