N.Y. Public Authorities Law 3500 – Reservation of state right to adjust medicaid rates
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§ 3500. Reservation of state right to adjust medicaid rates. Each corporation created under this Article of the corporation with the holder of its bonds that the state reserves the right to adjust its medicaid rates in accordance with applicable law and implementing regulations, if any.
Terms Used In N.Y. Public Authorities Law 3500
- 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.