N.Y. Comp. Codes R. & Regs. tit. 21, § 109.4 – Inapplicability of section 2880. | Midpage
§ 109.4
N.Y. Comp. Codes R. & Regs. tit. 21, § 109.4
Inapplicability of section 2880.
State of New York
(a) under the Eminent Domain Procedure Law;
(1) as interest allowed on judgments rendered by a court pursuant to any provision of law other than those contained in this section;
(2) however, notwithstanding any other provisions of law to the contrary, the authority's liability for incurring an obligation for interest payments pursuant to this section shall not extend beyond the date of a notice of intention to file a claim, the date of a notice of claim on the date commencing a legal action for payment of such interest, whichever comes first;
(b)
(c) to the Federal government; to any State agency or its instrumentalities; to any duly constituted unit of local government, including, but not limited to, counties, cities, towns, villages, school districts, special districts, or any of their related instrumentalities; to any other public authority or public benefit corporation; or to its employees when acting in, or incidental to, their public employment capacity; and
(d) in situations where the authority exercises a legally authorized setoff against all or part of the payment due the contractor.
The provisions of this section covering prompt payment and interest eligibility shall not apply to payments due and owing by the authority: