9 CRR-NY 6656.2NY-CRR

STATE COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 9. EXECUTIVE DEPARTMENT
SUBTITLE Y. NEW YORK STATE OFFICE FOR THE AGING
CHAPTER II. OLDER AMERICANS, COMMUNITY SERVICES, AND EXPANDED IN-HOME SERVICES FOR THE ELDERLY PROGRAMS
PART 6656. LIMITS ON ADMINISTRATIVE EXPENSES AND EXECUTIVE COMPENSATION
9 CRR-NY 6656.2
9 CRR-NY 6656.2
6656.2 Legal base.
Section 201(3) of the New York State Elder Law allows the Director of the New York State Office for the Aging with the advice of the advisory committee for the aging to promulgate, adopt, amend or rescind rules and regulations necessary to carry out the provisions of article II of the Elder Law. Section 508 of the New York State Not-For-Profit Corporation Law requires that a corporation whose lawful activities involve among other things the charging of fees or prices for its services or products shall have the right to receive such income and, in so doing, may make an incidental profit. All such incidental profits shall be applied to the maintenance, expansion or operation of the lawful activities of the corporation, and in no case shall be divided or distributed in any manner whatsoever among the members, directors, or officers of the corporation. Governor Cuomo’s Executive Order No. 38 directs each State agency to promulgate regulations to address the extent and nature of administrative costs and executive compensation that providers of NYSOFA programs are reimbursed with State financial assistance or State-authorized payments for operating expenses.
9 CRR-NY 6656.2
Current through July 31, 2021
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