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This entry was published on 2014-09-22
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SECTION 55.13
Moneys of the corporation
Arts and Cultural Affairs (ACA) CHAPTER 11-C, TITLE T, ARTICLE 55
§ 55.13. Moneys of the corporation. 1. The moneys of the trust shall
be retained by it and deposited in a general account and such other
accounts as the trust may deem necessary for the transaction of its
business and shall be paid out on checks signed by the chairperson of
the corporation or by such other member or officer as the corporation
may authorize.

2. The comptroller of the state and his legally authorized
representatives are hereby authorized and empowered from time to time to
examine the accounts and books of the trust including its receipts,
disbursements, contracts, investments and any other matters relating to
its financial standing.

3. The trust shall submit to the governor, the chairperson of the
senate finance committee, the chairperson of the assembly ways and means
committee and the state comptroller, within ninety days after the end of
its fiscal year, a complete and detailed report of its operations and
accomplishments, its receipts and disbursements and its assets and
liabilities.