New York § 481-F - 481-FWilliam B
Full text of New York New York Consolidated Laws § 481-F — 481-FWilliam B, with citation guidance and answers to common questions.
§ 481-F. 481-FWilliam B
§ 481-f. William B. Hoyt Memorial children and family trust fund. 1. There is hereby established in the joint custody of the comptroller and the commissioner of taxation and finance a separate and distinct account, to be known as the William B. Hoyt Memorial children and family trust fund. Such account shall be classified by the comptroller as an expendable trust. Such account shall consist of any moneys appropriated to the department for the purposes of the programs authorized pursuant to this article and funds from any other source, including but not limited to, federal funds, donations from private individuals, corporations or foundations, for the implementation of programs provided for in this article. All funds received by the comptroller on behalf of the William B. Hoyt Memorial children and family trust fund shall be deposited by the comptroller to the credit of the William B. Hoyt Memorial children and family trust fund. Notwithstanding the provisions of this subdivision, funds granted to the department pursuant to the federal child abuse prevention and treatment act shall not be deposited to the credit of the William B. Hoyt Memorial children and family trust fund. 2. Donations from private individuals, corporations, or foundations deposited in the William B. Hoyt Memorial children and family trust fund may be invested by the comptroller pursuant to the provisions of section ninety-eight-a of the state finance law. Any income from such investments shall be deposited to the credit of the William B. Hoyt Memorial children and family trust fund.
Frequently Asked Questions About New York § 481-F
What does New York Consolidated Laws § 481-F cover?
Section 481-F ("481-FWilliam B") 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 § 481-F?
A common citation format is "New York Consolidated Laws § 481-F" (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 § 481-F 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.