§ 92-b. Audit of claims under certain contracts for administering medical assistance. Notwithstanding the provisions of § 369 of the county law or any other law, general, special or local, relating to the audit and payment of claims for the payment of money by a municipal corporation, a contract made pursuant to paragraph d of subdivision one of § 365 of the social services law, between a municipal corporation constituting a public welfare district and a non-profit membership corporation organized under Article 43 of the insurance law or with any insurance company authorized to do business in this state, for the administration of all or any part of the medical assistance required to be furnished pursuant to title eleven of Article 5 of the social services law, may, in addition to its other provisions, authorize such membership corporation or insurance company to audit and make payment with respect to claims for such medical assistance.

Terms Used In N.Y. General Municipal Law 92-B

  • 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.