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Public Authorities Law § 1836-d · Subtitle 6. Employee Ownership Assistance

Loan preferences

Verbatim from the official edition

Text — Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)

§ 1836-d. Loan preferences. In approving applications for loans under this subtitle, the authority shall give preference to projects which:

1. have a higher level of funding from the funding partners;

2. have the most direct impact on local economic development and the creation or retention of employment opportunities;

3. are most likely to stimulate other private sector investments; and

4. are least speculative, and provide greatest assurance of repayment of the loan.

Source of truth

Edition
Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)
Official file
https://legislation.nysenate.gov/pdf/laws/PBA1836-D
Text hash
sha256 7131bf3d5a4fbe2a116f6b839cf97d03ee687946eb9ded50989663dbc2eef186
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.