§ 950 Definitions
§ 951 Internal control responsibilities
§ 952 Internal audit responsibilities
§ 953 Independent audits of the executive chamber and the division of the budget
§ 954 Independent audits of the department of audit and control and the department of law
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Terms Used In New York Laws > Executive > Article 45 - Internal Control Responsibilities of State Agencies

  • Appraisal: A determination of property value.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.