New York Codes, Rules and Regulations
Title 21 - Miscellaneous
Chapter XXXII - Facilities Development Corporation
Part 2002 - Municipal Facilities Project Assistance Program
Section 2002.6 - Municipality/corporation relationship
Universal Citation: 21 NY Comp Codes Rules and Regs ยง 2002.6
Current through Register Vol. 45, No. 52, December 27, 2023
Any agreement between the corporation and a municipality shall contain provision that the corporation shall act as agent of the municipality in all matters concerning the project. All obligations or liabilities incurred by this corporation with respect to the project shall be incurred by the corporation as agent of the municipality and not as principal.
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