New York § 2881 Fees and charges

New York Statutes

§ 2881 — Fees and charges

New York § 2881

Law PBHPublic Health

Art. 28-BHospital Mortgage Loan Construction

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Bluebook

N.Y. Public Health § 2881 (2026).

Text

  § 2881. Fees and charges. The commissioner may, by regulation,\nestablish and charge to eligible borrowers, for the period from\noccupancy date to mortgage discharge, a fee for inspection, regulation,\nsupervision and audit not to annually exceed two-tenths of one percent\nof the mortgage loan to recover the departmental costs in performing\nthese functions in relation to any hospital project financed or\nrefinanced by a loan made under this article prior to April first, two\nthousand fourteen.  Notwithstanding the foregoing, no such fee shall be\ncharged or payable pursuant to this section with respect to a hospital\nproject financed or refinanced with bonds issued on or after April\nfirst, two thousand fourteen.\n

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§ 2881. Fees and charges. The commissioner may, by regulation,\nestablish and charge to eligible borrowers, for the period from\noccupancy date to mortgage discharge, a fee for inspection, regulation,\nsupervision and audit not to annually exceed two-tenths of one percent\nof the mortgage loan to recover the departmental costs in performing\nthese functions in relation to any hospital project financed or\nrefinanced by a loan made under this article prior to April first, two\nthousand fourteen. Notwithstanding the foregoing, no such fee shall be\ncharged or payable pursuant to this section with respect to a hospital\nproject financed or refinanced with bonds issued on or after April\nfirst, two thousand fourteen.\n