§ 3165. Transfer of appropriation. Transfer of appropriations
heretofore made to the New York state office of science, technology and
academic research. Upon the transfer pursuant to section thirty-one
hundred fifty-six of this title of the functions and powers possessed by
and all of the obligations and duties of the New York state office of
science, technology and academic research as established pursuant to
article ten-B of the executive law to the foundation as prescribed by
section thirty-one hundred fifty-six of this title, all appropriations
and reappropriations which shall have been made available as of the date
of such transfer to the New York state office of science, technology and
academic research or segregated pursuant to law, to the extent of
remaining unexpended or unencumbered balances thereof, whether allocated
or unallocated and whether obligated or unobligated, shall be
transferred to and made available for use and expenditure by the
foundation and when appropriate made available to the regional
partnerships for the same purposes for which originally appropriated or
reappropriated and shall be payable on vouchers certified or approved by
the commissioner of taxation and finance, on audit and warrant of the
comptroller. Payments of liabilities for expenses of personal service,
maintenance and operation which shall have been incurred as of the date
of such transfer by the New York state office of science, technology and
academic research, and for liabilities incurred and to be incurred in
completing its affairs shall also be made on vouchers certified or
approved by the executive director of the foundation, on audit and
warrant of the comptroller. All of the assets and liabilities of the
small business technology investment fund transferred from the New York
state science and technology foundation to the urban development
corporation pursuant to subdivision two of section two hundred nine-f of
the executive law shall be transferred to the New York state foundation
for science, technology and innovation established pursuant to this
title.