N.Y. Social Services Law 87 – Special funds
§ 87. Special funds. 1. When a county commissioner shall receive any money as guardian of a minor or to be used for some particular person or purpose, he shall deposit it with the county treasurer, who shall keep such money in a special account to be drawn on by the county commissioner for the person or purpose designated.
Terms Used In N.Y. Social Services Law 87
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
2. When a town social services officer shall receive such money he shall deposit it in a bank approved by the town supervisor to be drawn on by the town social services officer and the town supervisor jointly for the person or purpose designated.
3. When a city commissioner of social services shall receive such money, he shall deposit it with the official having charge of the funds of such city, who shall keep it either in a separate account to be requisitioned by the city commissioner or in one or more common trust funds established and maintained pursuant to the charter of such city.