N.Y. Comp. Codes R. & Regs. tit. 10 § 441.322

Current through Register Vol. 46, No. 53, December 31, 2024
Section 441.322 - Term endowment funds

Donated funds which by the terms of the agreement become available either for any legitimate purpose designated by the board or for a specific purpose designated by the donor upon the happening of an event or upon the passage of a stated period of time.

N.Y. Comp. Codes R. & Regs. Tit. 10 § 441.322