21 CRR-NY 1002.17NY-CRR

STATE COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 21. MISCELLANEOUS
CHAPTER XXI. METROPOLITAN TRANSPORTATION AUTHORITY
SUBCHAPTER A. ALL-AGENCY RULES AND REGULATIONS
PART 1002. PROMPT PAYMENT
MISCELLANEOUS
21 CRR-NY 1002.17
21 CRR-NY 1002.17
1002.17 Recovery of Interest.
In any case where the corporation has paid interest under this Part and later determines that the interest was wrongly or incorrectly paid, whether because of a mistaken calculation of delay in payment or of interest due, or because the payment made, or any part of it, was not properly due to the contractor for any reason, or because of any other circumstance or state of facts, the corporation may recover the interest wrongly or incorrectly paid by means of a demand to the contractor for the repayment of the interest or a setoff against future payments to the contractor or by any other lawful means, including a court action or proceeding.
21 CRR-NY 1002.17
Current through July 15, 2021
End of Document