§ 410-d. Short title: policy and purposes of title. This title shall be known, and may be cited and referred to, as the “Youth Facilities Improvement Act”. There is a serious shortage throughout the state of facilities suitable for use for the care of children especially those of pre-school age and primary school age whose […]
§ 410-e. Definitions. As used in this title the following words and phrases shall have the following meanings unless a different meaning is plainly required by the context: 1. “Board”. The state board of social welfare. 2. “Commissioner”. The commissioner of social services of the state of New York. 3. “Department”. The state department of […]
§ 410-f. Regulation of eligible borrowers. 1. Every eligible borrower, as a condition precedent to borrowing funds from the agency, shall enter into a regulatory agreement with the commissioner which shall provide: (a) that the real property or other assets mortgaged or otherwise pledged to the agency shall not be sold, transferred, encumbered or assigned […]
§ 410-g. Mortgage loans. 1. Any eligible borrower may, subject to the approval of the commissioner, borrow funds from the agency and secure the repayment thereof by bond or note and mortgage which shall contain such terms and conditions as may be deemed necessary or desirable by the agency or required by any agreement between […]
§ 410-h. Conditions and security for loans. No loan shall be made by the agency to an eligible borrower until the commissioner has approved the project and finds that: 1. The eligible borrower has been approved by the commissioner and complied with all the provisions of this title; 2. The plans and specifications conform to […]
§ 410-i. Rates and admission of children. 1. An eligible borrower shall, with the approval of the commissioner, fix a schedule of rates to be charged parents, guardians or other persons having legal custody of the child and to social services officials or other authorized agencies for the facilities and services provided by the eligible […]
§ 410-j. Transfer of real property. Notwithstanding any requirement of law to the contrary or any provision of any general, special or local law, charter or ordinance, every executor, administrator, trustee, guardian or other person holding trust funds or acting in a fiduciary capacity, unless the instrument under which such fiduciary is acting expressly forbids, […]
§ 410-k. Supervision. 1. The commissioner may from time to time make, alter, amend and repeal rules and regulations for the supervision, examination, regulation and audit of an eligible borrower and for carrying into effect this title, and each eligible borrower shall submit an annual report of its operations to the commissioner and the agency […]
§ 410-l. Foreclosures and judgments. 1. In any foreclosure action the commissioner shall be made a party defendant. He shall take all steps necessary to protect the interests of the public therein and no costs shall be awarded against him. Foreclosures shall not be decreed unless the court to which application is made shall be […]
§ 410-m. Fees and charges. The commissioner may, by regulation, establish and charge to eligible borrowers such fees and charges for inspection, regulation, supervision and audit as to the commissioner may appear just and reasonable in order to recover the departmental costs in performing these functions.
§ 410-o. Separability. If any clause, sentence, paragraph or part of this article shall be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair or invalidate the remainder thereof, but shall be confined in its operation to the clause, sentence, paragraph, section or part thereof directly involved in […]
