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New York · Through 2026-09-11

N.Y. Public Authorities Law § 3059: Review by the corporation

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Where this section sits in the code
  1. Public Authorities Law
  2. Article 10. New York State Municipal Assistance Corporation Act
  3. Title 4. Municipal Assistance Corporation For the City of Troy

§ 3059. 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 fifty-eight of

this title, 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) it agents, or (iii) any state

employees provided to the corporation for such purposes. 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.

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

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