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New York · Through 2026-09-11

N.Y. State Finance Law § 97-y: Business and licensing services account

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Where this section sits in the code
  1. State Finance Law
  2. Article 6. Funds of the State

§ 97-y. Business and licensing services account. 1. There is hereby

established within the miscellaneous special revenue fund in the joint

custody of the state comptroller and the commissioner of taxation and

finance an account to be known as the "business and licensing services

account".

2. The business and licensing services account shall consist of all

monies collected by the department of state from: (a) fees paid to it in

conjunction with its activities pursuant to the business corporation

law, the not-for-profit corporation law, or other corporate law, the

partnership law, the limited liability company law, and correlative

provisions of the executive law, the general business law and any other

law, consolidated or unconsolidated; (b) fees paid to it in conjunction

with its activities pursuant to the provisions of section ninety-six-a

of the executive law or pursuant to any other provision of law, for

services rendered in accordance with the provisions of the uniform

commercial code or article ten-A of the lien law; (c) fees charged for

the regulation, licensing, examination, certification, registration and

discipline activities of the department of state; (d) monies received

from licenses granted under section four hundred thirty-eight of the

judiciary law; and (e) fees collected pursuant to section three hundred

ninety-nine-pp of the general business law.

3. Monies within the business and licensing services account, upon

appropriation by the legislature, shall be available to the department

of state for the operation of the department in relation to (a) uniform

commercial code and related tax lien requirements, (b) corporations and

state records functions and services, including but not limited to

reviewing, filing, searching, certifying or copying of documents,

instruments and records rendered by the department in conjunction

therewith, (c) the regulation, licensing, examination, certification,

registration and discipline activities of the department of state, and

(d) implementation, operation and enforcement of articles seven-A,

eight-B and eight-C of the general business law.

4. Notwithstanding any other provisions of this section to the

contrary, moneys deposited pursuant to sections ninety-seven-r and

ninety-seven-nn of this article shall be available to the department of

state for the purposes set forth in such sections.

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

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