Adjustment of Dollar Amount in Definition of "Ownership Interest".
53 RCNY § 1-11
in effect§ 1-11 Adjustment of Dollar Amount in Definition of "Ownership Interest".
Effective as of January 1, 2026, the dollar amount in the definition of "Ownership Interest" in subdivision (16) of Section 2601 of the Charter shall be adjusted from $55,000 to $64,000.
(Amended City Record 2/9/2018, eff. 3/11/2018; amended City Record 1/26/2022, eff. 2/25/2022; amended City Record 1/7/2026, eff. 2/6/2026)
Source: City of New York, Charter, Administrative Code and Rules (American Legal Publishing XML export, codelibrary.amlegal.com)URL: https://codelibrary.amlegal.com/codes/newyorkcity/latest/NYCrules/0-0-0-86569Fetched: 10/24/2026
