N.Y. STF Law § 179-J
This is the official text of N.Y. STF Law § 179-J, part of New York’s STF Law — part of the compiled statutory law of New York, published by the state as "STF Law." Browse the sections below, each linked to its official government source.
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Disclaimer of state responsibility for interest payments incurred by contractors
Official statutory text
§ 179-j. Disclaimer of state responsibility for interest payments\nincurred by contractors. In the event that an interest payment is made\nby a contractor in the course of transacting business with any entity\nother than a state agency, such interest shall not be an obligation of\nthe state and the state shall not reimburse the contractor for such\ninterest, nor shall any moneys expended for such interest payments be\ncounted toward any matching requirement applicable to grants or payments\nof state funds unless expressly permitted by statute or regulation.\n
Status: in_force · Read it on the official government site
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