New York § 2311 Compensation, procurement and investment

New York Statutes

§ 2311 — Compensation, procurement and investment

New York § 2311

Law PBAPublic Authorities

Title 15Auburn Industrial Development Authority

Art. 8Miscellaneous Authorities

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Bluebook

N.Y. Public Authorities § 2311 (2026).

Text

§ 2311. Compensation, procurement and investment.

1.The compensation\nof an officer or full-time employee of the authority (but not including\npart-time employees or consultants, including accountants, attorneys and\nbond counsel to the authority) shall not be contingent on the granting\nof financial assistance by the authority.\n 2. The provisions of section one hundred four-b of the general\nmunicipal law shall be applicable to the procurement of goods and\nservices paid for by the authority for its own use and account.\n 3. The provisions of sections ten and eleven of the general municipal\nlaw shall be applicable to deposits and investments of funds for an\nagency's own use and account.\n

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§ 2311. Compensation, procurement and investment. 1. The compensation\nof an officer or full-time employee of the authority (but not including\npart-time employees or consultants, including accountants, attorneys and\nbond counsel to the authority) shall not be contingent on the granting\nof financial assistance by the authority.\n 2. The provisions of section one hundred four-b of the general\nmunicipal law shall be applicable to the procurement of goods and\nservices paid for by the authority for its own use and account.\n 3. The provisions of sections ten and eleven of the general municipal\nlaw shall be applicable to deposits and investments of funds for an\nagency's own use and account.\n