Section 97-Y. Business and licensing services account  


Latest version.
  • 1. There is hereby
      established within the miscellaneous special revenue fund in  the  joint
      custody  of  the  state comptroller and the commissioner of taxation and
      finance an account to be known as the "business and  licensing  services
      account".
        2.  The  business  and licensing services account shall consist of all
      monies collected by the department of state from: (a) fees paid to it in
      conjunction with its activities pursuant  to  the  business  corporation
      law,  the  not-for-profit  corporation  law, or other corporate law, the
      partnership law, the limited  liability  company  law,  and  correlative
      provisions  of the executive law, the general business law and any other
      law, consolidated or unconsolidated; (b) fees paid to it in  conjunction
      with  its  activities pursuant to the provisions of section ninety-six-a
      of the executive law or pursuant to any  other  provision  of  law,  for
      services  rendered  in  accordance  with  the  provisions of the uniform
      commercial code or article ten-A of the lien law; (c) fees  charged  for
      the  regulation, licensing, examination, certification, registration and
      discipline activities of the department of state;  (d)  monies  received
      from  licenses  granted  under  section four hundred thirty-eight of the
      judiciary law; and (e) fees collected pursuant to section three  hundred
      ninety-nine-pp of the general business law.
        3.  Monies  within  the  business and licensing services account, upon
      appropriation by the legislature, shall be available to  the  department
      of  state for the operation of the department in relation to (a) uniform
      commercial code and related tax lien requirements, (b) corporations  and
      state  records  functions  and  services,  including  but not limited to
      reviewing,  filing,  searching,  certifying  or  copying  of  documents,
      instruments  and  records  rendered  by  the  department  in conjunction
      therewith, (c) the regulation,  licensing,  examination,  certification,
      registration  and  discipline activities of the department of state, and
      (d) implementation,  operation  and  enforcement  of  articles  seven-A,
      eight-B and eight-C of the general business law.
        4.  Notwithstanding  any  other  provisions  of  this  section  to the
      contrary, moneys  deposited  pursuant  to  sections  ninety-seven-r  and
      ninety-seven-nn  of this article shall be available to the department of
      state for the purposes set forth in such sections.