New York Public Authorities Code § 1967

Termination of the authority
Open in Lexace · Ask the AI about this section
§ 1967. Termination of the authority. Whenever all of the bonds issued\nby the authority shall have been redeemed or cancelled, and all\nstraight-lease transactions have been terminated, the authority shall\ncease to exist and all rights, titles, and interest and all obligations\nand liabilities thereof vested in or possessed by the authority shall\nthereupon vest in and be possessed by the city of Troy.\n

‹ Prev All New York sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.