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New York Codes Rules Regulations (Last Updated: March 27,2024) |
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TITLE 21. Miscellaneous |
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Chapter LV. Dormitory Authority |
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Part 4701. Prompt Payment Policy |
Sec. 4701.1. Purpose
Latest version.
- It is the purpose of this statement of prompt payment policy of the Dormitory Authority to set forth the standards for the payment of bills within specific periods of time and to prescribe interest penalties in situations where payments do not conform to these standards.