RPTL 970 · Title 4. Acceptance of Taxes From Certain Loan Corporations
Examination of books of loan corporations
Text — Law content up to date as of October 30, 2026, as published by the New York State Senate (Open Legislation)
§ 970. Examination of books of loan corporations. 1. Any municipal corporation issuing conditional tax receipts shall keep a complete record thereof. Any municipal corporation shall have the right to examine from time to time the books of any loan corporation to which it has issued conditional tax receipts and may make regulations not inconsistent with the provisions of this title for the better accomplishment of the purpose thereof and for the protection of the borrowing taxpayer.
2. Upon proof to the municipal corporation of any willful violation of this title, or of the regulations made pursuant thereto, by any loan corporation to which it has issued conditional tax receipts, it shall cease the issuance of conditional tax receipts to such loan corporation.
Source of truth
- Edition
- Law content up to date as of October 30, 2026, as published by the New York State Senate (Open Legislation)
- Official file
- https://legislation.nysenate.gov/pdf/laws/RPT970
- Text hash
- sha256 297c34f290e4e2510eab207298be895d6dfea3690d0eb9389a03a81d2bd88d1f
- 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.