New York § 486 - 486Maintenance of records
Full text of New York New York Consolidated Laws § 486 — 486Maintenance of records, with citation guidance and answers to common questions.
§ 486. 486Maintenance of records
§ 486. Maintenance of records. In connection with each contract, the commissioner and the municipality shall keep adequate records of the amount of the payment by the state, the amount of federal assistance, if any, received by the municipality for the project, and of all moneys expended by the municipality for such project. Such records required to be kept by the commissioner shall establish the basis for recalculations of the state financial assistance as required herein. The commissioner shall have authority to carry out, or to cause to be carried out, audits of such contracts and records pursuant to rules and regulations promulgated by the commissioner.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 486
What does New York Consolidated Laws § 486 cover?
Section 486 ("486Maintenance of records") 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 § 486?
A common citation format is "New York Consolidated Laws § 486" (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 § 486 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.