Statute · New York Public Authorities Law

N.Y. Pub. Auth. Law § 2311 — Compensation, procurement and investment

N.Y. Pub. Auth. Law § 2311

Type
Statute
Source
New York Public Authorities Law
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

§ 2311. Compensation, procurement and investment. 1. The compensation of an officer or full-time employee of the authority (but not including part-time employees or consultants, including accountants, attorneys and bond counsel to the authority) shall not be contingent on the granting of…

Citator

N.Y. Pub. Auth. Law § 2311 — Compensation, procurement and investment is in force in the current edition of the Code, and nothing recorded condemns it.

§ 2311. Compensation, procurement and investment. 1. The compensation of an officer or full-time employee of the authority (but not including part-time employees or consultants, including accountants, attorneys and bond counsel to the authority) shall not be contingent on the granting of financial assistance by the authority.

2. The provisions of section one hundred four-b of the general municipal law shall be applicable to the procurement of goods and services paid for by the authority for its own use and account.

3. The provisions of sections ten and eleven of the general municipal law shall be applicable to deposits and investments of funds for an agency's own use and account.