Statute · New York Economic Development Law
N.Y. Econ. Dev. Law § 186 — Transfers of economic development power
N.Y. Econ. Dev. Law § 186
- Type
- Statute
- Source
- New York Economic Development Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 186. Transfers of economic development power. The transfer of an economic development power allocation between facilities of a recipient shall be prohibited unless specifically approved by the board as consistent with the criteria and requirements in sections one hundred eighty-four, one…
Citator
N.Y. Econ. Dev. Law § 186 — Transfers of economic development power is in force in the current edition of the Code, and nothing recorded condemns it.
§ 186. Transfers of economic development power. The transfer of an economic development power allocation between facilities of a recipient shall be prohibited unless specifically approved by the board as consistent with the criteria and requirements in sections one hundred eighty-four, one hundred eighty-five and subdivision (g) of section one hundred eighty-seven of this article as may be applicable. Any transfer which occurs without the board's approval shall be invalid and such transfer may subject the recipient to revocation of its allocation and modification or revocation of its contract.