New York Codes, Rules and Regulations
Title 2 - DEPARTMENT OF AUDIT AND CONTROL
Chapter II - Municipal Affairs
Subchapter A - Sales Of Bonds And Notes; Debt Statements
Part 38 - Sinking Funds For Bonds Of Municipalities And School Districts
Section 38.20 - Waiver in cases of hardship
Universal Citation: 2 NY Comp Codes Rules and Regs ยง 38.20
Current through Register Vol. 46, No. 39, September 25, 2024
Upon a showing of reasonable necessity, the State Comptroller may modify or waive compliance with provisions of this Part, provided that strict compliance is not required by any law or other regulation and failure to modify or waive compliance would, in the opinion of the Comptroller, cause a municipality or school district undue hardship.
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