§ 41. Indebtedness not to be contracted without appropriation. No\nstate officer, employee, board, department or commission shall contract\nindebtedness on behalf of the state, nor assume to bind the state, in an\namount in excess of money appropriated or otherwise lawfully available.\nThis section shall not apply to a case where a statute expressly\nauthorizes the making of a contract or contracts for a stated maximum\namount which exceeds the money appropriateed or otherwise available for\npayments thereon.\n
N.Y. State Fin. Law § 41
Indebtedness not to be contracted without appropriation
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.