New York § 359 - 359Rates and fees
Full text of New York New York Consolidated Laws § 359 — 359Rates and fees, with citation guidance and answers to common questions.
§ 359. 359Rates and fees
§ 359. Rates and fees. A company shall, with the approval of the commissioner, fix maximum rates and fees to be charged persons served by each project for the facilities and services provided by the company to such persons, the average of such rates and fees for any one project not to exceed the maximum average rates and fees determined by the commissioner before any commitments are made by the company for the construction, acquisition, reconstruction, rehabilitation or improvement of the project. The commissioner upon his own motion, or upon application by the company or lienholder may vary the amount of such rates and fees from time to time so as to secure together with all other income of the company, sufficient income to meet, within reasonable limits, all necessary payments by the said company of all expenses, including fixed charges, sinking funds and reserves.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 359
What does New York Consolidated Laws § 359 cover?
Section 359 ("359Rates and fees") is part of the New York Consolidated Laws, the codified statutory law of New York. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New York § 359?
A common citation format is "New York Consolidated Laws § 359" (New York). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New York law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.
How does New York § 359 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New York.