§ 90. Record of operating expenses.

132 words·~1 min read·/ny/canal/canal-accounts/90·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

§ 90. Record of operating expenses. The corporation shall keep an

accurate account of all moneys appropriated by the legislature for the

improvement, maintenance, repair and operation of the canal system and

shall cause to be prepared and filed in the office of the corporation on

or about January first of each year, a statement showing all such moneys

appropriated and how expended during the preceding fiscal year. The

corporation shall keep an accurate account of the recoveries made in all

actions brought by it or at its direction, for the recovery of penalties

or damages under authority of this chapter and of the cost and expenses

thereof and pay into the canal fund the amount of all such recoveries

and account for the same with the department of audit and control.