ยง 3059. Review by the corporation. In order to determine whether the
city has taken or is taking action to effect compliance with any
conditions imposed pursuant to section three thousand fifty-eight of
this title, the corporation may from time to time conduct a review of
the records, accounts, budgets, forecasts, projections and other
relevant materials of the city. The corporation may conduct such review
by using (i) its own employees, (ii) it agents, or (iii) any state
employees provided to the corporation for such purposes. The city shall
make available for such review all books and records, and shall furnish
copies of all financial statements, budgets, forecasts, projections,
information or corrective action taken by the city in response to any
notices from the corporation and all information related to the
foregoing, as requested by the persons conducting such review, and shall
make its officers and employees available to and shall otherwise
cooperate with such persons to permit such review to be completed as
promptly as possible.
Structure New York Laws
Article 10 - New York State Municipal Assistance Corporation Act
Title 4 - Municipal Assistance Corporation for the City of Troy
3051 - Legislative Findings and Statement of Purposes.
3054 - Administration of the Corporation.
3055 - Exchange of Notes or Bonds of the Corporation for Obligations of the City.
3056 - Payments to the Corporation; Funds of the Corporation.
3057 - Payments to or Purchases of Obligations of the City.
3058 - Conditions on Extension of Benefits to the City.