New York Public Authorities Law Section 3165 - Transfer of appropriation.

   3165.   Transfer  of  appropriation.  Transfer  of  appropriations
  heretofore made to the New York state office of science, technology  and
  academic  research.  Upon  the  transfer  pursuant to section thirty-one
  hundred fifty-six of this title of the functions and powers possessed by
  and all of the obligations and duties of the New York  state  office  of
  science,  technology  and  academic  research as established pursuant to
  article ten-B of the executive law to the foundation  as  prescribed  by
  section  thirty-one  hundred fifty-six of this title, all appropriations
  and reappropriations which shall have been made available as of the date
  of such transfer to the New York state office of science, technology and
  academic research or segregated  pursuant  to  law,  to  the  extent  of
  remaining unexpended or unencumbered balances thereof, whether allocated
  or   unallocated   and   whether  obligated  or  unobligated,  shall  be
  transferred to and  made  available  for  use  and  expenditure  by  the
  foundation   and   when  appropriate  made  available  to  the  regional
  partnerships for the same purposes for which originally appropriated  or
  reappropriated and shall be payable on vouchers certified or approved by
  the  commissioner  of  taxation and finance, on audit and warrant of the
  comptroller. Payments of liabilities for expenses of  personal  service,
  maintenance  and operation which shall have been incurred as of the date
  of such transfer by the New York state office of science, technology and
  academic research, and for liabilities incurred and to  be  incurred  in
  completing  its  affairs  shall  also  be  made on vouchers certified or
  approved by the executive director  of  the  foundation,  on  audit  and
  warrant  of  the  comptroller.  All of the assets and liabilities of the
  small business technology investment fund transferred from the New  York
  state  science  and  technology  foundation  to  the  urban  development
  corporation pursuant to subdivision two of section two hundred nine-f of
  the executive law shall be transferred to the New York state  foundation
  for  science,  technology  and  innovation  established pursuant to this
  title.

Last modified: February 3, 2019