{"data":{"id":"us-nyc/n.y.c.-admin.-code-11-1408","jurisdiction":"us-nyc","citation":"N.Y.C. Admin. Code § 11-1408","heading":"§ 11-1408 Reserves.","body":"In cases where the transferee or transferor has applied for a refund and has instituted a proceeding under article seventy-eight of the civil practice law and rules to review a determination adverse to the transferee or transferor on his or her application for refund, the comptroller shall set up appropriate reserves to meet any decisions adverse to the city.","path":["New York City Administrative Code","Title 11","Chapter 14: Tax on Transfer of Taxicab Licenses"],"source_url":"https://files.amlegal.com/pdffiles/NewYorkCity/Admin/XML.zip","current_through":"Local Law 2026/135 (enacted August 31, 2026)","vintage":"","retrieved_at":"2026-09-06T02:48:57Z","sha256":"e98dd1f68265514cb62bc2d6fe7b07207194b5699f9ccbe705075b71a682d733","source_id":"us-nyc","stale":false,"prev":"us-nyc/n.y.c.-admin.-code-11-1407","next":"us-nyc/n.y.c.-admin.-code-11-1409"},"notice":"GroundRules: Original legal text. Not legal advice."}