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The Laws of New York
Consolidated Laws of New York
CHAPTER 24
General Municipal
ARTICLE 18-A
Industrial Development
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ARTICLE 18-A
Industrial Development
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TITLE 2
Municipal Industrial Development Agencies
This entry was published on 2023-01-20
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TITLE 1
Agencies, Organization and Powers
General Municipal (GMU) CHAPTER 24, ARTICLE 18-A
SECTION 850
Short title
SECTION 852
Policy and purposes of article
SECTION 854
Definitions
SECTION 856
Organization of industrial development agencies
SECTION 857
Video recordings of open meetings and public hearings
SECTION 858
Purposes and powers of the agency
SECTION 858-A
Compensation, procurement and investment
SECTION 858-B
Equal employment opportunities
SECTION 859
Financial records
SECTION 859-A
Additional prerequisites to the provisions of financial assistance
SECTION 859-B
Special procedure for the provision of financial assistance to continuing care retirement communities
SECTION 860
Moneys of the agency
SECTION 861
Notification of budget
SECTION 862
Restrictions on funds of the agency
SECTION 862-A
Additional restrictions on funds of the agency in connection with continuing care retirement communities
SECTION 864
Bonds of the agency
SECTION 866
Notes of the agency
SECTION 868
Agreements of the municipality and state
SECTION 870
State and municipality not liable on bonds or notes
SECTION 872
Bonds and notes as legal investment
SECTION 874
Tax exemptions
SECTION 875
Special provisions applicable to state sales and compensating use taxes and certain types of facilities
SECTION 876
Tax contract by the state
SECTION 878
Remedies of bondholders and noteholders
SECTION 880
Actions against the agency
SECTION 882
Termination of the agency
SECTION 883
Conflicts of interest
SECTION 884
Public bidding
SECTION 886
Title not affected if in part unconstitutional or ineffective
SECTION 888
Inconsistent provisions in other acts superseded
TITLE 1--AGENCIES, ORGANIZATION AND POWERS
Section 850. Short title.

852. Policy and purposes of article.

854. Definitions.

856. Organization of industrial development agencies.

857. Video recordings of open meetings and public hearings.

858. Purposes and powers of the agency.

858-a. Compensation, procurement and investment.

858-b. Equal employment opportunities.

859. Financial records.

859-a. Additional prerequisites to the provisions of financial

assistance.

859-b. Special procedure for the provision of financial

assistance to continuing care retirement communities.

860. Moneys of the agency.

861. Notification of budget.

862. Restrictions on funds of the agency.

862-a. Additional restrictions on funds of the agency in

connection with continuing care retirement communities.

864. Bonds of the agency.

866. Notes of the agency.

868. Agreements of the municipality and state.

870. State and municipality not liable on bonds or notes.

872. Bonds and notes as legal investment.

874. Tax exemptions.

875. Special provisions applicable to state sales and

compensating use taxes and certain types of facilities.

876. Tax contract by the state.

878. Remedies of bondholders and noteholders.

880. Actions against the agency.

882. Termination of the agency.

883. Conflicts of interest.

884. Public bidding.

886. Title not affected if in part unconstitutional or

ineffective.

888. Inconsistent provisions in other acts superseded.