Laws of New York (Last Updated: November 21, 2014) |
EDN Education |
Title V. TAXATION AND FINANCIAL ADMINISTRATION |
Article 75. TRUSTS FOR SCHOOLS; GOSPEL AND SCHOOL LOTS |
Section 3702. Control and supervision of trusts for public schools
Latest version.
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The legislature may control and regulate the execution of all such trusts; and the commissioner of education shall supervise and advise the trustees, and hold them to a regular accounting for the trust property and its income and interest at such times, in such forms, and with such authentications, as he shall, from time to time, prescribe.