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What is NYC RCNY § 15-07?

Quick Answer

As part of the community benefit component of the Program, within thirty (30) days after the completion of a marketing credit recipient's media campaign, such recipient must submit to the Office by U.S. mail, email or fax, proof of payment to the identified New York City cultural institution, in the form of a cancelled

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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Effective: 4/29/2018Last amended: 4/29/2018

§ 15-07 Final Report.

RCNY § 15-07

As part of the community benefit component of the Program, within thirty (30) days after the completion of a marketing credit recipient's media campaign, such recipient must submit to the Office by U.S. mail, email or fax, proof of payment to the identified New York City cultural institution, in the form of a cancelled check or letter of acknowledgment. Such recipients who have not satisfied this component of the Program will be required to make a payment to MOME in an amount equivalent to 100% of the value of the media assets received, as determined by MOME. (Amended City Record 3/30/2018, eff. 4/29/2018)

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