N.Y. Comp. Codes R. & Regs. tit. 2 § 101.5

Current through Register Vol. 46, No. 50, December 11, 2024
Section 101.5 - Lawful deductions

Lawful, reasonable and necessary expenses incurred by such superintendent in effecting such sale shall be deducted from the amount received for each article of personal property sold in the proportion that each such amount bears to the total amount received at such sale. After audit by the State Comptroller, amounts so deducted shall be used by such superintendent to defray such expenses.

N.Y. Comp. Codes R. & Regs. Tit. 2 § 101.5