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This entry was published on 2019-10-04
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SECTION 99-T
New York state medical indemnity fund account
State Finance (STF) CHAPTER 56, ARTICLE 6
§ 99-t. New York state medical indemnity fund account. 1. There is
hereby established in the custody of the commissioner of taxation and
finance a special account to be known as the "New York state medical
indemnity fund account".

2. All moneys received by the New York state medical indemnity fund
pursuant to title four of article twenty-nine-D of the public health law
from whatever source derived shall be deposited to the exclusive credit
of such fund account. Said moneys shall be kept separate and shall not
be commingled with any other moneys in the custody of the commissioner
of taxation and finance.

3. The moneys in said account shall be retained by the fund and shall
be released by the commissioner of taxation and finance only upon
certificates signed by the commissioner of health or his or her designee
and only for the purposes set forth in title four of article
twenty-nine-D of the public health law.