Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
3039 — New York Law | CourtGPT
  1. Home/
  2. Laws/
  3. New York/
  4. Pba - Public Authorities/
  5. Article 10 - New York State Municipal Assistance Corporation Act/
  6. Title 3 - Municipal Assistance Corporation for the City of New York3036-a - Further Payments to the Corporation; Additional Funds of the Corporation/
  7. 3039
New York Legal Code

3039

Ask AI about this
* § 3039. Review by the corporation. In order to determine whether the city has taken or is taking action to effect compliance with any conditions imposed pursuant to section three thousand thirty-eight of this chapter, the corporation may from time to time conduct a review of the records, accounts, budgets, forecasts, projections and other relevant materials of the city. The corporation may conduct such review by using (i) its own employees, (ii) its agents, or (iii) any state employees provided to the corporation for such purpose. The city shall make available for such review all books and records, and shall furnish copies of all financial statements, budgets, forecasts, projections, information or corrective action taken by the city in response to any notices from the corporation and all information related to the foregoing, as requested by the persons conducting such review, and shall make its officers and employees available to and shall otherwise cooperate with such persons to permit such review to be completed as promptly as possible.\n* NB The corporation shall continue for a term ending the later of July 1, 2008 or one year after its liabilities have been fully paid and

permit such review to be completed as promptly as possible.\n* NB The corporation shall continue for a term ending the later of July 1, 2008 or one year after its liabilities have been fully paid and discharged per § 3033 sub 1.