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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