N.Y. HHC Law § 18
This is the official text of N.Y. HHC Law § 18, part of New York’s HHC Law — part of the compiled statutory law of New York, published by the state as "HHC Law." Browse the sections below, each linked to its official government source.
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Assistance to the corporation
Official statutory text
§ 18. Assistance to the corporation. The state or city shall be\nempowered to make grants of money or property to the corporation for the\npurpose of enabling it to carry out its corporate purposes and for the\nexercise of its powers, including, but not limited to, deposits to the\ncapital reserve fund to assist the corporation in maintaining the said\ncapital reserve fund in the amounts required by section thirteen.\nNothing in this section shall be interpreted as implying that in the\nabsence thereof the state or city would not be empowered to make such\ngrants to the corporation.\n
Status: in_force · Read it on the official government site
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