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N.Y. Public Authorities Law § 3021 Assistance by state officers, departments, boards and commissions
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§ 3021. Assistance by state officers, departments, boards and\ncommissions. 1. The department of audit and control, department of law,\nand all other state agencies may render such services to a corporation\nwithin their respective functions as may be requested by such\ncorporat…
N.Y. Public Authorities Law § 3030 Short title
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* § 3030. Short title. This title shall be known and may be citied as\nthe "Municipal Assistance Corporation for the city of New York Act".\n * NB The corporation shall continue for a term ending the later of\nJuly 1, 2008 or one year after its liabilities have been fully paid a…
N.Y. Public Authorities Law § 3031 Legislative findings and statement of purposes
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* § 3031. Legislative findings and statement of purposes. The\nlegislature hereby finds and declares that it is necessary for a\nmunicipal assistance corporation to be created to assist the city of New\nYork in providing essential services to its inhabitants without\ninterruptio…
N.Y. Public Authorities Law § 3032 Definitions
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* § 3032. Definitions. As used in this title, the following words and\nterms shall have the following meanings unless the context shall\nindicate another or different meaning or intent:\n 1. "Corporation" means the corporate governmental agency created by\nsection three thousand…
N.Y. Public Authorities Law § 3033 Creation of the municipal assistance corporation for the city of New York; authorized indebtedness
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* § 3033. Creation of the municipal assistance corporation for the\ncity of New York; authorized indebtedness. 1. There is hereby created\nthe municipal assistance corporation for the city of New York. The\ncorporation shall be a corporate governmental agency and instrumentality…
N.Y. Public Authorities Law § 3034 Administration of the corporation
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* § 3034. Administration of the corporation. 1. The corporation shall\nbe administered by a board of directors, consisting of nine directors,\nnone of whom shall be officers or employees of the federal government or\nof the state or political subdivisions thereof. All of the dir…
N.Y. Public Authorities Law § 3035 Exchange of notes or bonds of the corporation for short-term obligations of the city
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* § 3035. Exchange of notes or bonds of the corporation for short-term\nobligations of the city. 1. The corporation may issue its notes or bonds\nin exchange for short-term obligations of the city, provided that the\nprincipal amount of the corporation's notes or bonds issued in…
N.Y. Public Authorities Law § 3036 Payments to the corporation; funds of the corporation
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* § 3036. Payments to the corporation; funds of the corporation. 1.\nNot less than one hundred twenty days before the beginning of each\nfiscal year of the corporation (but not later than July 1, 1975 for the\nfiscal year ending June 30, 1976), the chairman of the board of\ndire…
N.Y. Public Authorities Law § 3036-A Further payments to the corporation; additional funds of the corporation
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* § 3036-a. Further payments to the corporation; additional funds of\nthe corporation. 1. In addition to the total amount certified by such\nchairman for such fiscal year, all as referred to in subdivision one of\nsection three thousand thirty-six, the chairman shall at the same…
N.Y. Public Authorities Law § 3036-B Further payments to the corporation; additional funds of the corporation
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* § 3036-b. Further payments to the corporation; additional funds of\nthe corporation. 1. In addition to the total amount certified by such\nchairman for such fiscal year, all as referred to in subdivision one of\neach of sections three thousand thirty-six and three thousand\nth…
N.Y. Public Authorities Law § 3037 Payments to or purchases of obligations of the city
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* § 3037. Payments to or purchases of obligations of the city. In the\nevent that the mayor from time to time certifies to the corporation an\namount required by the city to enable it (a) to pay, at maturity, the\nprincipal of and interest on any short-term obligations of the ci…
N.Y. Public Authorities Law § 3037-A Funding capital projects
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* § 3037-a. Funding capital projects. The amounts paid to the city for\npurposes set forth in subparagraph (b) of section three thousand\nthirty-seven of this title, in addition to all other authorized amounts,\nshall include amounts required by the city (i) to fund eight hundre…
N.Y. Public Authorities Law § 3038 Conditions on extension of benefits to the city
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* § 3038. Conditions on extension of benefits to the city. The\ncorporation shall, at the time of any exchange of the corporation's\nbonds and notes for short-term obligations of the city pursuant to\nsubdivision two of section three thousand thirty-five of this chapter or\nany …
N.Y. Public Authorities Law § 3039 Review by the corporation
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* § 3039. Review by the corporation. In order to determine whether\nthe city has taken or is taking action to effect compliance with any\nconditions imposed pursuant to section three thousand thirty-eight of\nthis chapter, the corporation may from time to time conduct a review o…
N.Y. Public Authorities Law § 3040 Remedies of the corporation
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* § 3040. Remedies of the corporation. 1. The corporation shall cause\neach proposed expense budget, including related revenue estimates,\nsubmitted to it pursuant to subdivision four of section thirty hundred\nthirty-eight of this chapter, each report on expense items in the\nc…
N.Y. Public Authorities Law § 3041 Funds of the corporation
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* § 3041. Funds of the corporation. The municipal assistance\ncorporation for the city of New York shall not hereafter enter into any\nmemorandum of agreement with the governor of the state of New York and\nthe mayor of the city of New York, other than the agreement to be\nenter…
N.Y. Public Authorities Law § 3050 Short title
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§ 3050. Short title. This title shall be known and may be cited as the\n"Municipal Assistance Corporation for the City of Troy Act".\n
N.Y. Public Authorities Law § 3051 Legislative findings and statement of purposes
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§ 3051. Legislative findings and statement of purposes. The\nlegislature hereby finds and declares that it is necessary for a\nmunicipal assistance corporation to be created to assist the city of\nTroy in providing essential services to its inhabitants without\ninterruption and …
N.Y. Public Authorities Law § 3052 Definitions
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§ 3052. Definitions. As used in this title, the following words and\nterms shall have the following meanings unless the context shall\nindicate another or different meaning or intent:\n 1. "Corporation" means the corporate governmental agency created by\nsection three thousand f…
N.Y. Public Authorities Law § 3053 Creation of the municipal assistance corporation for the city of Troy; authorized indebtedness
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§ 3053. Creation of the municipal assistance corporation for the city\nof Troy; authorized indebtedness. 1. There is hereby created the\nmunicipal assistance corporation for the city of Troy. The corporation\nshall be a corporate governmental agency and instrumentality of the\ns…
N.Y. Public Authorities Law § 3054 Administration of the corporation
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§ 3054. Administration of the corporation. The corporation shall be\nadministered by a board of directors, consisting of seven directors,\nnone of whom shall be officers or employees of the federal government or\nof the state or political subdivisions thereof. Five of the direct…
N.Y. Public Authorities Law § 3055 Exchange of notes or bonds of the corporation for obligations of the city
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§ 3055. Exchange of notes or bonds of the corporation for obligations\nof the city. 1. The corporation may issue its notes or bonds for the\npurposes described in paragraph (a), (b), (c), (d), (e) or (f) of\nsubdivision one of section three thousand fifty-seven of this title and…
N.Y. Public Authorities Law § 3056 Payments to the corporation; funds of the corporation
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§ 3056. Payments to the corporation; funds of the corporation. 1. Not\nless than one hundred twenty days before the beginning of each fiscal\nyear of the corporation (but not later than October first, nineteen\nhundred ninety-five for the fiscal year ending December thirty-first…
N.Y. Public Authorities Law § 3057 Payments to or purchases of obligations of the city
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§ 3057. Payments to or purchases of obligations of the city. 1. In the\nevent that the chief executive officer from time to time certifies to\nthe corporation an amount required by the city to enable it (a) to pay\nfor any item which is permitted by law to be included in the cit…
N.Y. Public Authorities Law § 3058 Conditions on extension of benefits to the city
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§ 3058. Conditions on extension of benefits to the city. The\ncorporation shall, at the time of any exchange of the corporation's\nbonds and notes for obligations of the city pursuant to subdivision two\nof section three thousand fifty-five of this title or any payment of\nfunds…
N.Y. Public Authorities Law § 3059 Review by the corporation
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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\nth…
N.Y. Public Authorities Law § 3060 Remedies of the corporation
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§ 3060. Remedies of the corporation. 1. The corporation shall cause\neach proposed budget, including related revenue estimates, submitted to\nit pursuant to subdivision four of section three thousand fifty-eight of\nthis title, and each proposed modification furnished to it purs…
N.Y. Public Authorities Law § 3101 Purposes of the corporation
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§ 3101. Purposes of the corporation. The purposes of the corporation\nshall be to encourage and promote:\n 1. Scientific and technological education in the state; and\n 2. Basic and applied research and development in the state.\n 3. The development of new commercial products an…
N.Y. Public Authorities Law § 3102 Powers and duties of the corporation
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§ 3102. Powers and duties of the corporation. In furtherance of the\npurposes set forth in this article, the corporation shall have the\nfollowing powers and duties:\n 1. To foster and support scientific and technological research,\ndevelopment and education in the state, throug…
N.Y. Public Authorities Law § 3102-A Industrial technology extension service
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§ 3102-a. Industrial technology extension service. 1. There is hereby\nestablished within the foundation an industrial technology extension\nservice program.\n 2. Definitions. For the purposes of this section, the terms:\n (a) "Industrial technology extension service" shall mean…
N.Y. Public Authorities Law § 3102-B Centers for advanced technology
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§ 3102-b. Centers for advanced technology. In order to encourage\ngreater collaboration between private industry and the universities of\nthe state in the development and application of new technologies, the\nfoundation is authorized to designate for advanced technology such are…
N.Y. Public Authorities Law § 3102-D Technology development organization program
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§ 3102-d. Technology development organization program. 1. Definitions.\nAs used in this section, the following terms shall have the following\nmeanings:\n (a) "Technology development organizations" shall mean any\nnot-for-profit corporation or other nonprofit organization, assoc…
N.Y. Public Authorities Law § 3102-E Emerging technology industrial classifications
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§ 3102-e. Emerging technology industrial classifications. 1.\nDefinitions. As used in this section:\n (a) "Department" shall mean the New York state department of taxation\nand finance.\n * (b) "Emerging technologies" shall mean:\n (1) advanced materials and processing technolog…
N.Y. Public Authorities Law § 3102-F Science and technology law center
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§ 3102-f. Science and technology law center. 1. The foundation shall,\nsubject to available appropriations, issue a request for proposals to\nNew York law schools to establish the science and technology law center.\n 2. The science and technology law center will advise the found…
N.Y. Public Authorities Law § 3102-G Technology commercialization clinic program
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§ 3102-g. Technology commercialization clinic program. The foundation\nshall establish a technology commercialization clinic program to be\nmanaged by the science and technology law center for the purposes of\nassisting New York universities, entrepreneurs and companies in\ncomm…
N.Y. Public Authorities Law § 3104 State not liable for obligations
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§ 3104. State not liable for obligations. No obligation of the\ncorporation shall be a debt of the state, and the corporation shall have\nno power to make its obligations payable out of any property or moneys\nexcept those of the corporation.\n
N.Y. Public Authorities Law § 3105 Public purpose of the corporation
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§ 3105. Public purpose of the corporation. The corporation is created\nand shall be operated exclusively for public purposes and not for\npecuniary profit. No part of the net earnings of the corporation shall\ninure to the benefit of any private individual.\n
N.Y. Public Authorities Law § 3105-A Roster of retired scientists, engineers and other experts
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§ 3105-a. Roster of retired scientists, engineers and other experts.\n 1. The corporation shall establish a roster of retired scientists,\nengineers and other experts who are willing to volunteer to assist\nsmall, emerging technology oriented businesses in reviewing, analyzing\n…
N.Y. Public Authorities Law § 3106 Contributions to the corporation
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§ 3106. Contributions to the corporation. Notwithstanding the\nprovisions of any general or special law or the provisions of any\ncertificate of incorporation, charter or other articles of organization,\nany corporation, association or person is hereby authorized to make\ncontri…
N.Y. Public Authorities Law § 3107 Exemption from taxation
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§ 3107. Exemption from taxation. The property, income and activities\nof the corporation shall be exempt from all taxes and assessments.\n
N.Y. Public Authorities Law § 3108 Annual report
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§ 3108. Annual report. The corporation shall make an annual report to\nthe governor and the legislature not later than July first of each year.\n
N.Y. Public Authorities Law § 3110 Actions
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§ 3110. Actions. Except in an action for wrongful death, an action\nagainst the authority founded on tort shall not be commenced more than\none year and ninety days after the cause of action therefor shall have\naccrued, nor unless a notice of claim shall have been served on the…
N.Y. Public Authorities Law § 3150 Definitions
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§ 3150. Definitions. As used in this section:\n 1. "Foundation" shall mean the New York state foundation for science,\ntechnology and innovation created by this title;\n 2. "Executive director" shall mean the executive director of the\nfoundation;\n 3. "Board" shall mean the New…
N.Y. Public Authorities Law § 3153 Capital investments innovation fund
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§ 3153. Capital investments innovation fund. 1. Creation and purposes.\nThe capital investments innovation fund is hereby created for the\npurpose of providing loans, grants or a combination thereof through the\nregional partnerships authorized pursuant to section thirty-one hun…
N.Y. Public Authorities Law § 3154 Regional partnership program
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§ 3154. Regional partnership program. 1. Establishment and purpose.\nThere is established a program in the foundation to be known as the\nregional partnership program. The program shall provide regional\neconomic assistance to certified partnerships for the purpose of\ncarrying …
N.Y. Public Authorities Law § 3155 Reporting requirements
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§ 3155. Reporting requirements. 1. The foundation shall submit an\nannual report, beginning on the first of February, two thousand seven,\nto the governor, the speaker of the assembly, and the temporary\npresident of the senate on the operations and accomplishments of: (a)\neach…
N.Y. Public Authorities Law § 3156 Transfer of powers
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§ 3156. Transfer of powers. The functions and powers possessed by and\nall of the obligations and duties of the New York state office of\nscience, technology and academic research as established pursuant to\narticle ten-B of the executive law shall be transferred and assigned to…
N.Y. Public Authorities Law § 3157 Abolition of New York state office of science, technology and academic research
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§ 3157. Abolition of New York state office of science, technology and\nacademic research. Upon the transfer pursuant to section thirty-one\nhundred fifty-six of this title of the functions and powers possessed by\nand all of the obligations and duties of the New York state offic…
N.Y. Public Authorities Law § 3158 Continuity of authority
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§ 3158. Continuity of authority. Upon the transfer pursuant to section\nthirty-one hundred fifty-six of this title of the functions and powers\npossessed by and all of the obligations and duties of the New York state\noffice of science, technology and academic research as establ…
N.Y. Public Authorities Law § 3159 Transfer of records
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§ 3159. Transfer of records. Upon the transfer pursuant to section\nthirty-one hundred fifty-six of this title of the functions and powers\npossessed by and all of the obligations and duties of the New York state\noffice of science, technology and academic research as establishe…