N.Y. Racing, Pari-Mutuel Wagering and Breeding Law Section 621
Annual and special reports

Within one hundred twenty days after the end of the fiscal year of the corporation, the directors thereof shall submit to the governor, the legislature, the commission and the state comptroller a complete and detailed report setting forth:

1.

Its operations and accomplishments during such fiscal year;

2.

Its receipts and expenditures during such fiscal year in accordance with categories or classifications established by the corporation for its own operating and capital outlay purposes;

3.

Its assets and liabilities at the end of such fiscal year including a schedule of its bonds, notes or other obligations and the status of reserves, depreciation, special, sinking or other funds;

4.

Details of branch offices being planned or in the process of being constructed or otherwise established and branch offices that have been constructed or established;

5.

Such other information relating to the operations of the corporation as shall be requested by any party receiving such report.

Source: Section 621 — Annual and special reports, https://www.­nysenate.­gov/legislation/laws/PML/621 (updated Oct. 16, 2020; accessed Jul. 19, 2025).

Green check means up to date. Up to date

Verified:
Jul. 19, 2025

Last modified:
Oct. 16, 2020

§ 621. Annual & special reports's source at nysenate​.gov

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