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What is NYC AC § 11-520?

Quick Answer

This section allows for the modification of any election authorized by this chapter, excluding the election specified in section 11-506. The commissioner of finance is responsible for prescribing the terms and conditions for such changes. Applies to entities involved in financial elections under this chapter.

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

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§ 11-520 Change of election.

AC § 11-520

Any election expressly authorized by this chapter, other than the election authorized by section 11-506 of this chapter, may be changed on such terms and conditions as the commissioner of finance may prescribe by regulation.

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