* § 92-q. The institute for the Hudson River Collection fund. 1. There is hereby established in the custody of the state comptroller and the commissioner of taxation and finance a fund to be known as the "Institute for the Hudson River Collection fund." The Institute for the Hudson River Collection shall administer the Institute for the Hudson River Collection fund.
2. a. The Institute shall have the power to receive any moneys and property from any source. It shall distribute funds as grants and contracts to not-for-profit tax exempt entities for the purpose of establishing, maintaining and furthering the cultural and artistic interests of the Hudson river area.
b. No less than seventy-five percent of the total funds distributed in any fiscal year shall be allocated to not-for-profit tax-exempt providers for the purpose of establishing, maintaining and furthering the cultural and artistic interests of the Hudson river area.
c. The remaining funds shall be allocated for services and expenses of the Institute for the Hudson River Collection.
d. The Institute shall adopt rules and regulations for the administration of the fund to carry out the purpose and provisions of this section and of article ten of the arts and cultural affairs law. Such regulations shall be adopted in accordance with article two of the state administrative procedure act.
e. The Institute may employ and remove such personnel as it may deem necessary for the performance of its functions and fix their compensation within the amounts made available therefor and may allocate funds for the actual and necessary nonpersonnel administrative costs of the Institute. No more than ten percent of the funds available in any fiscal year shall be spent on personnel and related services, and on necessary nonpersonnel administrative costs of the Institute.
3. Moneys of the fund, following appropriation by the legislature, may be expended for the purposes described in subdivision two of this section. Moneys shall be paid out of the fund on the audit and warrant of the state comptroller on vouchers certified or approved by the commissioner of the state education department.
* NB There are 2 § 92-q's
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.