New York § 1826 The project occupant

New York Statutes

§ 1826 — The project occupant

New York § 1826

JurisdictionNew York

Law PBAPublic Authorities

Title 8New York Job Development Authority

Subtitle 4Financial Assistance Generally

Art. 8Miscellaneous Authorities

This text of New York § 1826 (The project occupant) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Public Authorities § 1826 (2026).

Text

  § 1826. The project occupant. The project occupant must be found by\nthe authority to be financially responsible and presumptively able to\ncomply with the terms and conditions of any lease, mortgage or other\nagreement made by it with the authority or a local development\ncorporation in respect of the project. In making this finding, the\nauthority shall consider all information reasonably available to it,\nincluding information as to the business reputation of the project\noccupant, the character and ability of its management, the adequacy of\nits financial resources, the market demand for its products, the\nadequacy of its distribution methods, its past earnings and the\nlikelihood that it can successfully meet any required payments under\nsuch lease, mortgage or other agreement out o

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§ 1826. The project occupant. The project occupant must be found by\nthe authority to be financially responsible and presumptively able to\ncomply with the terms and conditions of any lease, mortgage or other\nagreement made by it with the authority or a local development\ncorporation in respect of the project. In making this finding, the\nauthority shall consider all information reasonably available to it,\nincluding information as to the business reputation of the project\noccupant, the character and ability of its management, the adequacy of\nits financial resources, the market demand for its products, the\nadequacy of its distribution methods, its past earnings and the\nlikelihood that it can successfully meet any required payments under\nsuch lease, mortgage or other agreement out of current income.\n