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N.Y. COM Law § 237

This is the official text of N.Y. COM Law § 237, part of New York’s COM Law — part of the compiled statutory law of New York, published by the state as "COM Law." Browse the sections below, each linked to its official government source.

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Matching funds for eligible applicants

Official statutory text

§ 237. Matching funds for eligible applicants. 1. No matching funds\nshall exceed the sum of two hundred fifty thousand dollars or fifty\npercent of the total cost of implementation of the marketing plan,\nwhichever is less.\n 2. No more than ten percent of funds awarded shall be used for\nadministrative purposes, including salaries associated with implementing\na marketing program.\n 3. No matching funds shall be used for the direct benefit of a\nfor-profit business.\n

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.