A company shall, with the approval of the commissioner, fix maximum
rates and fees to be charged in-patients or out-patients of each project
for the facilities and services provided by the company to such
in-patients or out-patients, the average of such rates and fees for any
one project not to exceed the maximum average rates and fees determined
by the commissioner before any commitments are made by the company for
the construction, acquisition, reconstruction, rehabilitation, or
improvement of the project. The commissioner upon his own motion, or
upon application by the company or lienholder may vary the amount of
such rates and fees from time to time so as to secure, together with all
other income of the company, sufficient income to meet, within
reasonable limits, all necessary payments by the said company of all
expenses, including fixed charges, sinking funds, and reserves.
Structure New York Laws
Article 75 - Community Mental Health Services and Developmental Disabilities Services Companies
75.03 - Policy and Purposes of Article.
75.07 - Companies; How Created.
75.09 - Approval of Commissioner.
75.13 - Powers and Limitations of a Company.
75.15 - Members, Officers, and Directors.
75.19 - Conditions and Security for Loans.
75.23 - Transfer of Real Property.
75.25 - Supervision and Regulation.
75.27 - Voluntary Dissolution.