N.Y. Comp. Codes R. & Regs. tit. 21 § 4203.3
Current through Register Vol. 46, No. 50, December 11, 2024
(a) For a preliminary feasibility study:(1) the department, or the UDC upon the approval of the commissioner, may provide financial support not to exceed $15,000 for a preliminary feasibility study for a local buy-out of an industrial firm, except that upon a showing of special circumstances, the commissioner may authorize additional financial support; and(2) the department, or the UDC upon the approval of the commissioner, may provide financial support not to exceed $10,000 for a preliminary feasibility study of a corporate restructuring or turnaround plan, except that upon a showing of special circumstances, the commissioner may authorize additional financial support.(b) The department, or the UDC upon the approval of the commissioner, may provide financial support not to exceed $150,000 for a full feasibility study.N.Y. Comp. Codes R. & Regs. Tit. 21 § 4203.3