21 CRR-NY 5902.7NY-CRR
21 CRR-NY 5902.7
21 CRR-NY 5902.7
5902.7 Approval or disapproval of application.
(a) An application, when reviewed and accepted by the foundation staff, shall be considered by the investment review committee, which may either reject the application or recommend the approval of the application and transmittal thereof to the board. In either case, the CID program manager shall promptly notify the applicant of the investment review committee action after it has completed its review.
(b) An application shall not be deemed to have final approval until it is approved by the board.
21 CRR-NY 5902.7
Current through June 30, 2021
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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.