N.Y. Comp. Codes R. & Regs. tit. 21 § 370.7
Current through Register Vol. 46, No. 53, December 31, 2024
Any transfer of an economic development power allocation between facilities of a recipient shall be subject to written approval of the board. Such board approval shall not be given unless such approval is consistent with the applicable criteria and requirements of this Part. Any transfer which is accomplished without board approval shall be invalid and such transfer shall subject the recipient to revocation of its allocation and modification or revocation of the contract under which the recipient receives such power.
N.Y. Comp. Codes R. & Regs. Tit. 21 § 370.7