New York State Public-benefit Corporations - Types of Public Authorities

Types of Public Authorities

The New York State Comptroller's Office lists four types of public benefit corporations and authorities:

  • Class A — these authorities and public benefit corporations have regional or statewide significance
  • Class B — according to the Comptroller's office, these "ntities affiliated with a State agency, or entities created by the State that have limited jurisdiction but a majority of Board appointments made by the Governor or other State officials; entities that would not exist but for their relationship with the State."
  • Class C — these public authorities have local application.
  • Class D — these authorities and public benefit corporations have interstate or international jurisdiction.

Read more about this topic:  New York State Public-benefit Corporations

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