New York Codes, Rules and Regulations
Title 21 - Miscellaneous
Chapter XXXIII - United Nations Development Corporation
Part 2051 - Prompt Payment Regulations
Section 2051.1 - Adoption/scope

Universal Citation: 21 NY Comp Codes Rules and Regs ยง 2051.1

Current through Register Vol. 46, No. 12, March 20, 2024

(a) Adoption. These regulations are adopted by United Nations Development Corporation effective April 30, 1988 in compliance with section 2880 of the Public Authorities Law of the State of New York.

(b) Scope. These regulations specify the policies and procedures relating to payment on contracts entered into by United Nations Development Corporation. For purposes of these regulations, a contract is an agreement with any person, partnership, private corporation or association to sell materials, equipment or supplies, or to lease property or equipment to the corporation, to construct, reconstruct, rehabilitate or repair buildings or improvements for or on behalf of the corporation, or to provide any other services to the corporation pursuant to a contract. These regulations shall not apply to payments due and owing by the corporation to its employees.

Disclaimer: These regulations may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.