N.Y. PBA Law § 3417
This is the official text of N.Y. PBA Law § 3417, part of New York’s PBA Law — part of the compiled statutory law of New York, published by the state as "PBA Law." Browse the sections below, each linked to its official government source.
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Defense and indemnification
Official statutory text
§ 3417. Defense and indemnification. The corporation shall not\nexecute any of its powers, including the special powers authorized by\nsection thirty-four hundred five of this article, except as necessary to\ncommence its corporate existence, until it has elected to make the\nprovisions of section eighteen of the public officers law applicable to\nits employees (as such term is defined in section eighteen of the public\nofficers law) pursuant to subdivision two of such section; provided,\nhowever, that nothing contained within this section shall be deemed to\npermit the corporation to extend the provisions of section eighteen of\nthe public officers law upon any independent contractor.\n
Status: in_force · Read it on the official government site
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