New York § 661 - 661Assistance to the corporation
Full text of New York New York Consolidated Laws § 661 — 661Assistance to the corporation, with citation guidance and answers to common questions.
§ 661. 661Assistance to the corporation
§ 661. Assistance to the corporation. The state or city may make grants of money or property to the corporation for the purpose of enabling it to carry out its corporate purposes and for the exercise of its powers, including, but not limited to, deposits to the reserve funds. This section shall not be construed to limit any other power the state or city may have to make such grants to the corporation.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 661
What does New York Consolidated Laws § 661 cover?
Section 661 ("661Assistance to the corporation") 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 § 661?
A common citation format is "New York Consolidated Laws § 661" (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 § 661 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.