9 CRR-NY 1728-2.1NY-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 IV. STATE-ASSISTED HOUSING CONSTRUCTED BY PRIVATE ENTERPRISE
SUBCHAPTER C. HOUSING COMPANY MANAGEMENT
PART 1728. BUDGET AND FISCAL
SUBPART 1728-2. ACCOUNTING AND FINANCIAL
9 CRR-NY 1728-2.1
9 CRR-NY 1728-2.1
1728-2.1 Books and records.
(a) Each housing company shall keep its books and records in accordance with a chart of accounts as prescribed by the division, except those projects whose mortgages are federally insured by the Federal Housing Administration. Where mortgages are so insured, the books and records shall be kept in accordance with those requirements.
(b) Each housing company shall retain an independent certified public accountant. However, no accountant shall be engaged without prior written approval of the division. The request for approval shall state the audit procedure to be followed, the period of the engagement (ordinarily not more than one year) and the fee to be charged.
9 CRR-NY 1728-2.1
Current through September 15, 2021
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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.