New York § 3059 Review by the corporation

New York Statutes

§ 3059 — Review by the corporation

New York § 3059

Law PBAPublic Authorities

Title 4Municipal Assistance Corporation For the City of Troy

Art. 10New York State Municipal Assistance Corporation Act

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Bluebook

N.Y. Public Authorities § 3059 (2026).

Text

  § 3059. Review by the corporation. In order to determine whether the\ncity has taken or is taking action to effect compliance with any\nconditions imposed pursuant to section three thousand fifty-eight of\nthis title, the corporation may from time to time conduct a review of\nthe records, accounts, budgets, forecasts, projections and other\nrelevant materials of the city. The corporation may conduct such review\nby using (i) its own employees, (ii) it agents, or (iii) any state\nemployees provided to the corporation for such purposes. The city shall\nmake available for such review all books and records, and shall furnish\ncopies of all financial statements, budgets, forecasts, projections,\ninformation or corrective action taken by the city in response to any\nnotices from the corporatio

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§ 3059. Review by the corporation. In order to determine whether the\ncity has taken or is taking action to effect compliance with any\nconditions imposed pursuant to section three thousand fifty-eight of\nthis title, the corporation may from time to time conduct a review of\nthe records, accounts, budgets, forecasts, projections and other\nrelevant materials of the city. The corporation may conduct such review\nby using (i) its own employees, (ii) it agents, or (iii) any state\nemployees provided to the corporation for such purposes. The city shall\nmake available for such review all books and records, and shall furnish\ncopies of all financial statements, budgets, forecasts, projections,\ninformation or corrective action taken by the city in response to any\nnotices from the corporation and all information related to the\nforegoing, as requested by the persons conducting such review, and shall\nmake its officers and employees available to and shall otherwise\ncooperate with such persons to permit such review to be completed as\npromptly as possible.\n