General Municipal Law 402 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 401 Definitions up ARTICLE 14-C Revenue-producing Undertakings next SECTION 403 Additional powers of municipality Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 402 Declaration of policy General Municipal (GMU) CHAPTER 24, ARTICLE 14-C § 402. Declaration of policy. It is hereby declared to be the policy of this state that any municipality acquiring, constructing, reconstructing, improving, bettering or extending an undertaking pursuant to this article shall manage such undertaking in the most efficient manner consistent with sound economy and public advantage to the end that the services of the undertaking shall be furnished at the lowest possible cost. No municipality shall operate such undertaking primarily as a source of revenue to the municipality, but shall operate such undertaking for the use and benefit of those served by such undertaking and for the promotion of the welfare and for the improvement of the health, safety, comfort and convenience of the inhabitants of the municipality.