§ 25. Working capital. The supervising agency or the commissioner, as\nthe case may be, may permit stock or income debentures to be issued for\nworking capital to be used in connection with such project to an amount\nnot exceeding three per centum of the estimated project cost or the\nactual project cost, whichever is larger.\n
‹ Prev All New York sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.