New York Codes, Rules and Regulations
Title 18 - DEPARTMENT OF SOCIAL SERVICES
Chapter XX - Youth Facilities Project Guarantee Fund
Part 1001 - General Requirements Relating To Applications For Guarantee Of A Loan
Section 1001.5 - Decisions
Universal Citation: 18 NY Comp Codes Rules and Regs ยง 1001.5
Current through Register Vol. 46, No. 12, March 20, 2024
(a) Approvals. If an application is approved, a certificate of approval under the seal of the fund, executed by the chairman, the secretary or other designated officer of the fund, shall be transmitted to the applicant. Copies of the application and supporting documents shall be retained in the office of the secretary of the fund.
(b) Disapprovals. If an application is disapproved, a statement of the fund's decision and the reasons therefor shall be transmitted to the applicant. Copies of the application and supporting documents shall be retained in the office of the secretary of the fund.
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