9 CRR-NY 1645-1.3NY-CRR

STATE COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 9. EXECUTIVE DEPARTMENT
SUBTITLE S. DIVISION OF HOUSING AND COMMUNITY RENEWAL
CHAPTER III. LOW RENT HOUSING
SUBCHAPTER D. ACCOUNTING MANUAL FOR PUBLIC HOUSING AGENCIES
PART 1645. INVESTMENTS
SUBPART 1645-1. INVESTMENT POLICY
9 CRR-NY 1645-1.3
9 CRR-NY 1645-1.3
1645-1.3 Funds in custody of State Comptroller.
Local agency funds, representing the proceeds of a bond issue not yet remitted to the local agency, are held by the Comptroller in the State Housing Fund and may be invested by him from time to time, in securities which are legal for the investment of State funds. Such investments are not made at the direction or request of the local agency, but sole discretion with respect thereto is reserved by the Comptroller, within the limitations of the State Finance Law.
9 CRR-NY 1645-1.3
Current through September 15, 2021
End of Document

IMPORTANT NOTE REGARDING CONTENT CURRENCY: The "Current through" date indicated immediately above 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 Administrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of NYS Rules.