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General Municipal Law § 862-a · Title 1. Agencies, Organization and Powers

Additional restrictions on funds of the agency in connection with continuing care retirement communities

Verbatim from the official edition

Text — Law content up to date as of September 11, 2026, as published by the New York State Senate (Open Legislation)

§ 862-a. Additional restrictions on funds of the agency in connection with continuing care retirement communities. No resolution authorizing the issuance of bonds, notes or other obligations of the agency, or for providing financial assistance in any respect, for any continuing care retirement community project shall be adopted unless and until the project has received a certificate of authorization pursuant to section forty-six hundred four-a of the public health law, and unless the project will serve the public purposes of this article by preserving permanent, private sector jobs or increasing the overall number of permanent, private sector jobs in the state.

Source of truth

Edition
Law content up to date as of September 11, 2026, as published by the New York State Senate (Open Legislation)
Official file
https://legislation.nysenate.gov/pdf/laws/GMU862-A
Text hash
sha256 490be4aba5cfc38cb998d68f47e79c51fba9582f9113d5fe51a53c36983b2505
Composed by
gen_ny_statutes.py 2026-11-10: the Senate's Open Legislation law tree (GET /api/3/laws/<ID>?full=true) read in document order; the Senate's PDF of the whole law (GET /pdf/laws/<ID>?full=true), read with PDFium, prints the same words in the same order

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.