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Statutes » New York » TRA Law » Article 2-C

N.Y. TRA Law § 34

This is the official text of N.Y. TRA Law § 34, part of New York’s TRA Law — part of the compiled statutory law of New York, published by the state as "TRA Law." Browse the sections below, each linked to its official government source.

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General powers and duties of the fund

Official statutory text

§ 34. General powers and duties of the fund. The fund shall have the\nfollowing powers in addition to those specifically conferred elsewhere\nin this article:\n 1. To sue and be sued;\n 2. To have a seal and alter the same at pleasure;\n 3. To make and alter by-laws for its organization and internal\nmanagement;\n 4. With the approval of the comptroller, to prescribe a system of\naccounts;\n 5. To make rules and regulations governing the exercise of its\ncorporate powers and the fulfillment of its corporate purposes under\nthis article, which rules and regulations shall be filed with the\nsecretary of state in the manner provided by section one hundred two of\nthe executive law;\n 6. To make and execute contracts, lease agreements, and all other\ninstruments necessary or convenient for the exercise of its corporate\npowers and the fulfillment of its corporate purposes under this article;\n 7. To do any and all things necessary or convenient to carry out its\ncorporate purposes and exercise the powers given and granted to it in\nthis article.\n

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.