Title: Section 52-2.6 - Financial disclosure and fees for services

Effective Date

11/01/2000

52-2.6 Financial disclosure and fees for services.

(a) Each tissue bank and nontransplant anatomic bank shall establish and maintain complete and accurate books, financial records, documents and accounts, which shall be kept for a period of at least seven years. The department shall have access to all such records and any financial statements and audits of the bank, during normal business hours at an office of the bank located within the State of New York or, if no such office is available, at a mutually agreeable and reasonable venue for the purpose of inspection, auditing and copying.

(b) Upon request, a tissue bank or nontransplant anatomic bank shall provide the department with:

(1) a statement of the expenses of the bank, including, but not limited to, salaries, rents, equipment, utilities and travel;

(2) a statement of the revenues of the bank, including fees, grants, endowment funds and any other revenues; and

(3) a list of fees charged for all tissue services, tissues, and nontransplatnt anatomic parts provided by the bank.

(c) No tissue bank or nontransplant anatomic bank shall sell or otherwise transfer tissue for valuable consideration. Fees charged shall reflect only reasonable costs incurred in the provision of specific services, which shall include the fair market value of the overhead and salaries directly related to the provision of such services, actual transportation costs when transportation is provided, and other documented expenses directly related to the provision of services.

Volume

VOLUME A-1 (Title 10)

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