Legislation
SECTION 136-B
Selection of underwriters by state agencies
State Finance (STF) CHAPTER 56, ARTICLE 9
* § 136-b. Selection of underwriters by state agencies. Whenever a
state agency, as defined in article fifteen-A of the executive law,
sells its bonds, notes or other securities at a private sale, in
selecting one or more underwriters to purchase such securities the state
agency shall consider, among other things, the participation of firms
certified pursuant to such article as minority or women-owned firms and
the ability of other firms under consideration to work with minority and
women-owned business enterprises so as to promote and assist
participation by such enterprises.
* NB Repealed July 1, 2025
state agency, as defined in article fifteen-A of the executive law,
sells its bonds, notes or other securities at a private sale, in
selecting one or more underwriters to purchase such securities the state
agency shall consider, among other things, the participation of firms
certified pursuant to such article as minority or women-owned firms and
the ability of other firms under consideration to work with minority and
women-owned business enterprises so as to promote and assist
participation by such enterprises.
* NB Repealed July 1, 2025