New York Statutes

§ 97-JJ*2 — Not-for-profit short-term revolving loan fund

New York·Law STF State Finance·Art. 6 Funds of the State

* § 97-jj. Not-for-profit short-term revolving loan fund.

1.There is\nhereby established in the joint custody of the comptroller and the\ncommissioner of taxation and finance a fund to be known as the\nnot-for-profit short-term revolving loan fund. Such fund shall consist\nof moneys made available pursuant to appropriation and any other sources\nin order to provide support for prompt contracting with and payment of\nnot-for-profit organizations.\n 2. Moneys of the fund may be expended pursuant to section one hundred\nseventy-nine-z of this chapter. Moneys shall be paid out of the fund on\nthe audit and warrant of the state comptroller pursuant to such section.\n * NB There are 2 § 97-jj's\n

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