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N.Y. Public Authorities Law § 3020 Actions against a municipal assistance corporation; indemnification
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§ 3020. Actions against a municipal assistance corporation; indemnification. 1. Except in an action for wrongful death, an action against a municipal assistance corporation for personal injury or property damage or founded on tort shall not be commenced more than one year and ni…
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 commissions. 1. The department of audit and control, department of law, and all other state agencies may render such services to a corporation within their respective functions as may be requested by such corporation.…
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 the "Municipal Assistance Corporation for the city of New York Act". * 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 d…
N.Y. Public Authorities Law § 3031 Legislative findings and statement of purposes
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* § 3031. Legislative findings and statement of purposes. The legislature hereby finds and declares that it is necessary for a municipal assistance corporation to be created to assist the city of New York in providing essential services to its inhabitants without interruption an…
N.Y. Public Authorities Law § 3032 Definitions
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* § 3032. Definitions. As used in this title, the following words and terms shall have the following meanings unless the context shall indicate another or different meaning or intent: 1. "Corporation" means the corporate governmental agency created by section three thousand thir…
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 city of New York; authorized indebtedness. 1. There is hereby created the municipal assistance corporation for the city of New York. The corporation shall be a corporate governmental agency and instrumentality of…
N.Y. Public Authorities Law § 3034 Administration of the corporation
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* § 3034. Administration of the corporation. 1. The corporation shall be administered by a board of directors, consisting of nine directors, none of whom shall be officers or employees of the federal government or of the state or political subdivisions thereof. All of the direct…
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 obligations of the city. 1. The corporation may issue its notes or bonds in exchange for short-term obligations of the city, provided that the principal amount of the corporation's notes or bonds issued in an…
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. Not less than one hundred twenty days before the beginning of each fiscal year of the corporation (but not later than July 1, 1975 for the fiscal year ending June 30, 1976), the chairman of the board of director…
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 the corporation. 1. In addition to the total amount certified by such chairman for such fiscal year, all as referred to in subdivision one of section three thousand thirty-six, the chairman shall at the same ti…
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 the corporation. 1. In addition to the total amount certified by such chairman for such fiscal year, all as referred to in subdivision one of each of sections three thousand thirty-six and three thousand thirty…
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 event that the mayor from time to time certifies to the corporation an amount required by the city to enable it (a) to pay, at maturity, the principal of and interest on any short-term obligations of the city,…
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 purposes set forth in subparagraph (b) of section three thousand thirty-seven of this title, in addition to all other authorized amounts, shall include amounts required by the city (i) to fund eight hundred s…
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 corporation shall, at the time of any exchange of the corporation's bonds and notes for short-term obligations of the city pursuant to subdivision two of section three thousand thirty-five of this chapter or any paym…
N.Y. Public Authorities Law § 3039 Review by the corporation
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* § 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 t…
N.Y. Public Authorities Law § 3040 Remedies of the corporation
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* § 3040. Remedies of the corporation. 1. The corporation shall cause each proposed expense budget, including related revenue estimates, submitted to it pursuant to subdivision four of section thirty hundred thirty-eight of this chapter, each report on expense items in the capit…
N.Y. Public Authorities Law § 3041 Funds of the corporation
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* § 3041. Funds of the corporation. The municipal assistance corporation for the city of New York shall not hereafter enter into any memorandum of agreement with the governor of the state of New York and the mayor of the city of New York, other than the agreement to be entered i…
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 "Municipal Assistance Corporation for the City of Troy Act".
N.Y. Public Authorities Law § 3051 Legislative findings and statement of purposes
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§ 3051. Legislative findings and statement of purposes. The legislature hereby finds and declares that it is necessary for a municipal assistance corporation to be created to assist the city of Troy in providing essential services to its inhabitants without interruption and in c…
N.Y. Public Authorities Law § 3052 Definitions
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§ 3052. Definitions. As used in this title, the following words and terms shall have the following meanings unless the context shall indicate another or different meaning or intent: 1. "Corporation" means the corporate governmental agency created by section three thousand fifty-…
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 of Troy; authorized indebtedness. 1. There is hereby created the municipal assistance corporation for the city of Troy. The corporation shall be a corporate governmental agency and instrumentality of the state…
N.Y. Public Authorities Law § 3054 Administration of the corporation
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§ 3054. Administration of the corporation. The corporation shall be administered by a board of directors, consisting of seven directors, none of whom shall be officers or employees of the federal government or of the state or political subdivisions thereof. Five of the directors…
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 of the city. 1. The corporation may issue its notes or bonds for the purposes described in paragraph (a), (b), (c), (d), (e) or (f) of subdivision one of section three thousand fifty-seven of this title and pa…
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 less than one hundred twenty days before the beginning of each fiscal year of the corporation (but not later than October first, nineteen hundred ninety-five for the fiscal year ending December thirty-first, n…
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 event that the chief executive officer from time to time certifies to the corporation an amount required by the city to enable it (a) to pay for any item which is permitted by law to be included in the city's…
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 corporation shall, at the time of any exchange of the corporation's bonds and notes for obligations of the city pursuant to subdivision two of section three thousand fifty-five of this title or any payment of funds of …
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 city has taken or is taking action to effect compliance with any conditions imposed pursuant to section three thousand fifty-eight of this title, the corporation may from time to time conduct a review of the re…
N.Y. Public Authorities Law § 3060 Remedies of the corporation
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§ 3060. Remedies of the corporation. 1. The corporation shall cause each proposed budget, including related revenue estimates, submitted to it pursuant to subdivision four of section three thousand fifty-eight of this title, and each proposed modification furnished to it pursuan…
N.Y. Public Authorities Law § 3101 Purposes of the corporation
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§ 3101. Purposes of the corporation. The purposes of the corporation shall be to encourage and promote: 1. Scientific and technological education in the state; and 2. Basic and applied research and development in the state. 3. The development of new commercial products and the f…
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 purposes set forth in this article, the corporation shall have the following powers and duties: 1. To foster and support scientific and technological research, development and education in the state, through con…
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 established within the foundation an industrial technology extension service program. 2. Definitions. For the purposes of this section, the terms: (a) "Industrial technology extension service" shall mean a net…
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 greater collaboration between private industry and the universities of the state in the development and application of new technologies, the foundation is authorized to designate for advanced technology such areas …
N.Y. Public Authorities Law § 3102-D Technology development organization program
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§ 3102-d. Technology development organization program. 1. Definitions. As used in this section, the following terms shall have the following meanings: (a) "Technology development organizations" shall mean any not-for-profit corporation or other nonprofit organization, associatio…
N.Y. Public Authorities Law § 3102-E Emerging technology industrial classifications
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§ 3102-e. Emerging technology industrial classifications. 1. Definitions. As used in this section: (a) "Department" shall mean the New York state department of taxation and finance. * (b) "Emerging technologies" shall mean: (1) advanced materials and processing technologies that…
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, subject to available appropriations, issue a request for proposals to New York law schools to establish the science and technology law center. 2. The science and technology law center will advise the foundatio…
N.Y. Public Authorities Law § 3102-G Technology commercialization clinic program
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§ 3102-g. Technology commercialization clinic program. The foundation shall establish a technology commercialization clinic program to be managed by the science and technology law center for the purposes of assisting New York universities, entrepreneurs and companies in commerci…
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 corporation shall be a debt of the state, and the corporation shall have no power to make its obligations payable out of any property or moneys except those of the corporation.
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 and shall be operated exclusively for public purposes and not for pecuniary profit. No part of the net earnings of the corporation shall inure to the benefit of any private individual.
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. 1. The corporation shall establish a roster of retired scientists, engineers and other experts who are willing to volunteer to assist small, emerging technology oriented businesses in reviewing, analyzing and a…
N.Y. Public Authorities Law § 3106 Contributions to the corporation
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§ 3106. Contributions to the corporation. Notwithstanding the provisions of any general or special law or the provisions of any certificate of incorporation, charter or other articles of organization, any corporation, association or person is hereby authorized to make contributi…
N.Y. Public Authorities Law § 3107 Exemption from taxation
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§ 3107. Exemption from taxation. The property, income and activities of the corporation shall be exempt from all taxes and assessments.
N.Y. Public Authorities Law § 3108 Annual report
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§ 3108. Annual report. The corporation shall make an annual report to the governor and the legislature not later than July first of each year.
N.Y. Public Authorities Law § 3110 Actions
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§ 3110. Actions. Except in an action for wrongful death, an action against the authority founded on tort shall not be commenced more than one year and ninety days after the cause of action therefor shall have accrued, nor unless a notice of claim shall have been served on the au…
N.Y. Public Authorities Law § 3150 Definitions
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§ 3150. Definitions. As used in this section: 1. "Foundation" shall mean the New York state foundation for science, technology and innovation created by this title; 2. "Executive director" shall mean the executive director of the foundation; 3. "Board" shall mean the New York st…
N.Y. Public Authorities Law § 3153 Capital investments innovation fund
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§ 3153. Capital investments innovation fund. 1. Creation and purposes. The capital investments innovation fund is hereby created for the purpose of providing loans, grants or a combination thereof through the regional partnerships authorized pursuant to section thirty-one hundre…
N.Y. Public Authorities Law § 3154 Regional partnership program
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§ 3154. Regional partnership program. 1. Establishment and purpose. There is established a program in the foundation to be known as the regional partnership program. The program shall provide regional economic assistance to certified partnerships for the purpose of carrying out …
N.Y. Public Authorities Law § 3155 Reporting requirements
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§ 3155. Reporting requirements. 1. The foundation shall submit an annual report, beginning on the first of February, two thousand seven, to the governor, the speaker of the assembly, and the temporary president of the senate on the operations and accomplishments of: (a) each pro…
N.Y. Public Authorities Law § 3156 Transfer of powers
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§ 3156. Transfer of powers. The functions and powers possessed by and all of the obligations and duties of the New York state office of science, technology and academic research as established pursuant to article ten-B of the executive law shall be transferred and assigned to, a…
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 academic research. Upon the transfer pursuant to section thirty-one hundred fifty-six of this title of the functions and powers possessed by and all of the obligations and duties of the New York state office o…
N.Y. Public Authorities Law § 3158 Continuity of authority
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§ 3158. Continuity of authority. Upon the transfer pursuant to section thirty-one hundred fifty-six of this title of the functions and powers possessed by and all of the obligations and duties of the New York state office of science, technology and academic research as establish…