Reserves.
NYC Admin. Code § 11-2508
in effect§ 11-2508 Reserves.
In cases where the occupant, operator or room remarketer has applied for a refund and has instituted a proceeding under article seventy-eight of the civil practice law and rules to review a determination adverse to such occupant, operator or room remarketer on his or her application for refund, the comptroller shall set up appropriate reserves to meet any decision adverse to the city.
Editor's note: For related unconsolidated provisions, see Appendix A at L.L. 2009/043.
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/NYCadmin/0-0-0-206070Fetched: 10/24/2026
