NY Ment Hygiene L § 25.06 (2021)
2021 New York Laws MHY - Mental Hygiene Title D - Alcoholism and Substance Abuse Act Article 25 - Funding for Services of the Office of Alcoholism and Substance Abuse Services 25.06 - Disclosures by Closely Allied Entities of a Voluntary Agency.

§ 25.06 Disclosures by closely allied entities of a voluntary agency.  (a)  A  closely  allied entity of a voluntary agency that is funded or has applied for funding from the office shall provide  the  office  with the following information:   1.  A  schedule  of  the  dates,  nature  and  amounts  of  all fiscal transactions between the closely allied entity and the voluntary  agency that is funded or has applied for funding from the office.   2.  A  copy  of the closely allied entity's certified annual financial statements.   3. With respect to any lease  agreement  between  the  closely  allied entity,  as  lessor,  and  the  voluntary  agency  that is funded or has applied for funding from the office, as  lessee,  of  real  or  personal property:  (i) A certified statement by an independent outside entity providing a fair  market  appraisal of the real property space to be rented, as well as of any rental of personal property.  (ii) A statement of projected operating costs  of  the  allied  entity relative  to any such leased property for the budget period. The closely allied entity must furnish the office with a certified statement of  its actual operating costs relative to the leased property.   4.  A  statement of the funds received by the closely allied entity in connection with its fund raising activities conducted on behalf  of  the substance use disorder and/or compulsive gambling program that is funded or  has applied for funding from the office which clearly identifies how such funds were and will be distributed or applied to such program.   5. Any other data or information which the office may  deem  necessary for purposes of making a funding decision.  (b)  The  office  shall  have  access  to the books and records of the closely allied entity for purposes of  verifying  the  accuracy  of  the information furnished to the office.  (c)  For  purposes  of  this  section, a "closely allied entity" shall mean,  but  not  be  limited   to,   a   corporation,   partnership   or unincorporated  association  or  other  body  that has been formed or is organized to provide financial assistance and aid for the benefit  of  a voluntary  agency  that  is  funded  or has applied for funding from the office and which financial assistance and aid shall include, but not  be limited  to,  engaging  in fund raising activities, administering funds, holding title to real property, having an interest in personal  property of  any  nature whatsoever, and engaging in any other activities for the benefit of any such program. Moreover, an entity shall be deemed closely allied to a voluntary agency that is funded or has applied  for  funding from  the  office  to  the extent that such entity and applicable fiscal transactions are required to be disclosed within  the  annual  financial statements  of  the  voluntary  agency that is funded or has applied for funding  from  the  office,  under  the  category   of   related   party transactions,  as  defined  by and in accordance with generally accepted accounting principles (GAAP) and generally accepted  auditing  standards (GAAS),  as  promulgated  by  the American institute of certified public accountants (AICPA).