Statute · New York State Finance Law
N.Y. State Fin. Law § 41 — Indebtedness not to be contracted without appropriation
N.Y. State Fin. Law § 41
- Type
- Statute
- Source
- New York State Finance Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 41. Indebtedness not to be contracted without appropriation. No state officer, employee, board, department or commission shall contract indebtedness on behalf of the state, nor assume to bind the state, in an amount in excess of money appropriated or otherwise lawfully available. This section…
Citator
N.Y. State Fin. Law § 41 — Indebtedness not to be contracted without appropriation is in force in the current edition of the Code, and nothing recorded condemns it.
§ 41. Indebtedness not to be contracted without appropriation. No state officer, employee, board, department or commission shall contract indebtedness on behalf of the state, nor assume to bind the state, in an amount in excess of money appropriated or otherwise lawfully available. This section shall not apply to a case where a statute expressly authorizes the making of a contract or contracts for a stated maximum amount which exceeds the money appropriateed or otherwise available for payments thereon.