New York § 69 - 69Reserve
Full text of New York New York Consolidated Laws § 69 — 69Reserve, with citation guidance and answers to common questions.
§ 69. 69Reserve
§ 69. Reserve. 1. The board of supervisors in connection with a plan may by local law establish a self-insurance reserve. Such local law shall prescribe the maximum amount which may be contributed to any such reserve. 2. The committee or administrator may at any time in its or his discretion expend moneys in such reserve to pay any liability of the plan. 3. The committee or administrator may direct the county treasurer to invest moneys in any such reserve in the manner prescribed by section eleven of the general municipal law. 4. In the event of abandonment of a plan, all moneys remaining in such reserve in excess of an amount sufficient to satisfy all accrued and contingent liabilities, shall be refunded to the participants in such manner as may be provided by local law adopted by the board of supervisors.
Frequently Asked Questions About New York § 69
What does New York Consolidated Laws § 69 cover?
Section 69 ("69Reserve") 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 § 69?
A common citation format is "New York Consolidated Laws § 69" (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 § 69 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.