Section 11-1511. Reserves  


Latest version.
  • In  cases  where the taxpayer has applied for a
      refund and has instituted a proceeding under  article  seventy-eight  of
      the  civil  practice law and rules, to review a determination adverse to
      the taxpayer on the taxpayer's application for refund,  the  comptroller
      shall  set  up  appropriate reserves to meet any decision adverse to the
      city.