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Public Authorities Law § 2429-e · Part 2. No title

Examination

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)

§ 2429-e. Examination. At least once in each calendar year the agency shall be examined by the superintendent of financial services for the purposes of determining the agency's net worth and the soundness of its management and operating policies. The agency shall not, however, be deemed to be a banking organization. The agency shall pay the cost of each such examination. Copies of each examination report, including the findings, conclusions and recommendations of the examiners, shall be furnished to the agency. The agency shall furnish a complete copy of each report, including the findings, conclusions and recommendations of the examiners, to the comptroller.

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/PBA2429-E
Text hash
sha256 7233792399598045ad08fb6077fb010a10dfce40dad00f253f87443b896edd5f
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.