New York § 2902 - 2902Receipt and disbursement of funds
Full text of New York New York Consolidated Laws § 2902 — 2902Receipt and disbursement of funds, with citation guidance and answers to common questions.
§ 2902. 2902Receipt and disbursement of funds
§ 2902. Receipt and disbursement of funds. The department of taxation and finance is authorized to accept and receive from the federal government any moneys which the federal government shall offer to the state to assist it to inventory its hospitals, to survey the need of construction of hospitals, to develop a program for construction of public and nonprofit hospitals and to carry out the plan for construction of such hospitals in accordance with such program, and generally for all the purposes for which any such moneys shall be offered under or pursuant to any federal law heretofore or hereafter enacted authorizing grants to the state for such purposes or similar purposes, including payments to political subdivisions or any public or other nonprofit agencies of the state. Any and all such grants and moneys awarded for assistance to this state under or pursuant to any federal law shall be accepted and received by the department of taxation and finance as custodian thereof and such moneys, so received, shall be deposited by such department of taxation and finance in a special fund or funds and shall be used exclusively for the purposes of any such federal law. Such moneys shall be paid from such fund or funds on the audit and warrant of the comptroller upon vouchers certified or approved by the commissioner. Any moneys appropriated or otherwise available to the department of health may be disbursed by it to any political subdivision or voluntary nonprofit agency or, on the advice of the state hospital review and planning council, to any health systems agency, pursuant to contract for services rendered to effectuate the purposes of this article.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 2902
What does New York Consolidated Laws § 2902 cover?
Section 2902 ("2902Receipt and disbursement of funds") 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 § 2902?
A common citation format is "New York Consolidated Laws § 2902" (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 § 2902 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.