N.Y. State Finance Law § 179-y: Duties of the comptroller

§ 179-y. Duties of the comptroller. 1. The state comptroller shall:

(a) promulgate such rules and regulations as may be necessary to carry

out the comptroller's responsibilities under this article including

provisions for repayment; and (b) develop and implement a procedure for

calculating the amount of interest, if any, due to any not-for-profit

organization pursuant to the provisions of this article.

2. Nothing contained in this section shall be deemed to preclude the

comptroller from subsequently promulgating, developing, or amending

rules and regulations or procedures pursuant to, and consistent with,

this article.