New York § 1123 - 1123General and administrative provisions

Full text of New York New York Consolidated Laws § 1123 — 1123General and administrative provisions, with citation guidance and answers to common questions.

§ 1123. 1123General and administrative provisions

§ 1123. General and administrative provisions. 1. The agency may issue and promulgate rules and regulations for the administration of this article. The rules and regulations shall include provisions concerning the eligibility of applicants for payments, grants and loans under this article; funding criteria and the funding determination process; supervision and evaluation of contracting applicants; reporting, budgeting and record-keeping requirements; provisions for modification and termination of contracts; and such other matters not inconsistent with the purposes and provisions of this article as the agency shall deem necessary, proper and appropriate. 2. The agency may provide technical services and assistance or contract to provide technical services and assistance to eligible applicants to comply with the provisions and intent of this article which services and assistance may include but shall not necessarily be limited to site selection, financial packaging and engineering and architectural services necessary for the preparation of proposals for entering into contracts or for the continued operation of a manufactured home cooperative or for infrastructure improvement projects. 3. The agency and applicants shall deposit any recaptured funds or funds from the repayment of loans and interest received on loans into the manufactured home cooperative fund. 4. Notwithstanding the provisions of article one-A of the public authorities law, contracts entered into by the agency pursuant to this article shall not be subject to the provisions of article one-A of the public authorities law. 5. The agency shall require the submission of the names, addresses and business background of the principals involved, the nature of their fiduciary relationship and their financial relationship, past, present and future, to the project and to each other.

Source: official New York text · Last verified 2026-08-27

Frequently Asked Questions About New York § 1123

What does New York Consolidated Laws § 1123 cover?

Section 1123 ("1123General and administrative provisions") 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 § 1123?

A common citation format is "New York Consolidated Laws § 1123" (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 § 1123 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.