N.Y. PBH Law § 4658

* § 4658. Annual statement. 1. Within four months of close of an\noperator's fiscal year, unless an extension of time to file has been\ngranted, the operator shall file an annual statement with the\ncommissioner showing the condition as of the last day of the preceding\ncalendar or fiscal year. If the commissioner does not receive the annual\nstatement within four months of the end of the operator's fiscal year or\nhas not granted an extension of time to file, the commissioner may\ncharge a late fee.\n 2. The annual statement shall be in such form as the commissioner\nprescribes and shall contain at least the following:\n a. Any change in status with respect to the information required to be\nsubmitted pursuant to section forty-six hundred fifty-seven of this\narticle;\n b. Financial statements audited by an independent certified public\naccountant, which shall contain, for two or more periods if the\ncommunity has been in existence that long, the following:\n (i) notes to the financial statements considered customary or\nnecessary to ensure full disclosure of the financial statements,\nfinancial condition, and operation; and\n (ii) an accountant's opinion and, in accordance with generally\naccepted accounting principles: (A) a balance sheet, (B) a statement of\nincome and expenses, (C) a statement of equity or fund balances, and (D)\na statement of changes in financial position;\n c. A detailed listing of the assets maintained for the reserves; and\n d. Such other reasonable financial and other information as the\ncommissioner may require with respect to the operator or the community,\nor its directors, controlling persons, trustees, members, branches,\nsubsidiaries or affiliates to determine the financial status of the\ncommunity and the management capabilities of the operator.\n 3. Sixty days before commencement of each calendar or fiscal year or\nofficial opening date, whichever is applicable, each operator shall file\nwith the commissioner a computation of the annual long-term debt service\nand a projected annual revenue and expense summary for the next ten\nyears.\n * NB There are 2 § 4658's\n