Any person, firm or corporation providing mass transportation services and receiving assistance, pursuant to section 18-b of the Transportation Law shall maintain its accounting records in compliance with the uniform system of accounts for bus corporations as prescribed by the Commissioner of Transportation and contained in Article 7 of Subchapter D of Chapter VI of this Title (Parts 760 through 777), and/or such other accounting standards as determined by the Commissioner.
N.Y. Comp. Codes R. & Regs. Tit. 17 § 975.5