New York § 76 - 76Rail preservation and development fund
Full text of New York New York Consolidated Laws § 76 — 76Rail preservation and development fund, with citation guidance and answers to common questions.
§ 76. 76Rail preservation and development fund
§ 76. Rail preservation and development fund. 1. There is hereby established in the custody of the state comptroller a special fund to be known as the "rail preservation and development fund." 2. Such fund shall consist of all monies received by the state from the sale of bonds pursuant to the rail preservation bond act of nineteen hundred seventy-four and the energy conservation through improved transportation bond act of nineteen hundred seventy-nine together with all monies paid to the state by the federal government or a county, city, town, village, special transportation district, public benefit corporation, or other public corporation, or two or more of the foregoing acting jointly, as reimbursement for payments made by the state pursuant to such acts. 3. Monies of the fund, following appropriation made by the legislature and allocation by the director of the budget, shall be available only for reimbursement of the expenditures made from appropriations for the purposes set forth in the rail preservation bond act of nineteen hundred seventy-four and the energy conservation through improved transportation bond act of nineteen hundred seventy-nine.
Frequently Asked Questions About New York § 76
What does New York Consolidated Laws § 76 cover?
Section 76 ("76Rail preservation and development fund") 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 § 76?
A common citation format is "New York Consolidated Laws § 76" (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 § 76 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.