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N.Y. Mental Hyg. Law § 75.21

Rates and fees

2014-09-22

§ 75.21 Rates and fees.\n A company shall, with the approval of the commissioner, fix maximum\nrates and fees to be charged in-patients or out-patients of each project\nfor the facilities and services provided by the company to such\nin-patients or out-patients, the average of such rates and fees for any\none project not to exceed the maximum average rates and fees determined\nby the commissioner before any commitments are made by the company for\nthe construction, acquisition, reconstruction, rehabilitation, or\nimprovement of the project. The commissioner upon his own motion, or\nupon application by the company or lienholder may vary the amount of\nsuch rates and fees from time to time so as to secure, together with all\nother income of the company, sufficient income to meet, within\nreasonable limits, all necessary payments by the said company of all\nexpenses, including fixed charges, sinking funds, and reserves.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.