N.Y. Comp. Codes R. & Regs. tit. 10 § 441.113
Current through Register Vol. 46, No. 53, December 31, 2024
Funds in which a donor has stipulated, as a condition of his gift, that the principal of the fund is to be maintained inviolate and in perpetuity, and that only income from investments of the fund be expended (see also term endowment funds).
N.Y. Comp. Codes R. & Regs. Tit. 10 § 441.113