5 CRR-NY 21.3NY-CRR
5 CRR-NY 21.3
5 CRR-NY 21.3
21.3 Terms.
(a) For a preliminary feasibility study:
(1) the department, or the UDC upon the approval of the commissioner, may provide financial support not to exceed $15,000 for a preliminary feasibility study for a local buy out of an industrial firm, except that upon a showing of special circumstances, the commissioner may authorize additional financial support; and
(2) the department, or the UDC upon the approval of the commissioner, may provide financial support not to exceed $10,000 for a preliminary feasibility study of a corporate restructuring or turnaround plan, except that upon a showing of special circumstances, the commissioner may authorize additional financial support.
(b) The department, or the UDC upon the approval of the commissioner, may provide financial support not to exceed $150,000 for a full feasibility study.
5 CRR-NY 21.3
Current through October 15, 2021
| End of Document |
IMPORTANT NOTE REGARDING CONTENT CURRENCY: JULY 31, 2023, is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Admisnistrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of the NYS Rules.