§ 2881. Fees and charges. The commissioner may, by regulation,\nestablish and charge to eligible borrowers, for the period from\noccupancy date to mortgage discharge, a fee for inspection, regulation,\nsupervision and audit not to annually exceed two-tenths of one percent\nof the mortgage loan to recover the departmental costs in performing\nthese functions in relation to any hospital project financed or\nrefinanced by a loan made under this article prior to April first, two\nthousand fourteen. Notwithstanding the foregoing, no such fee shall be\ncharged or payable pursuant to this section with respect to a hospital\nproject financed or refinanced with bonds issued on or after April\nfirst, two thousand fourteen.\n
N.Y. Pub. Health Law § 2881
Fees and charges
2014-09-22
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.