N.Y. PBH Law § 2881
This is the official text of N.Y. PBH Law § 2881, part of New York’s PBH Law — part of the compiled statutory law of New York, published by the state as "PBH Law." Browse the sections below, each linked to its official government source.
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Fees and charges
Official statutory text
§ 2881. Fees and charges. The commissioner may, by regulation,\nestablish and charge to eligible borrowers, for the period from\noccupancy date to mortgage discharge, a fee for inspection, regulation,\nsupervision and audit not to annually exceed two-tenths of one percent\nof the mortgage loan to recover the departmental costs in performing\nthese functions in relation to any hospital project financed or\nrefinanced by a loan made under this article prior to April first, two\nthousand fourteen. Notwithstanding the foregoing, no such fee shall be\ncharged or payable pursuant to this section with respect to a hospital\nproject financed or refinanced with bonds issued on or after April\nfirst, two thousand fourteen.\n
Status: in_force · Read it on the official government site
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