N.Y. PBA Law § 1622-R
This is the official text of N.Y. PBA Law § 1622-R, part of New York’s PBA Law — part of the compiled statutory law of New York, published by the state as "PBA Law." Browse the sections below, each linked to its official government source.
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Termination of the authority
Official statutory text
§ 1622-r. Termination of the authority. Whenever all of the bonds and\nnotes issued by the authority shall have been redeemed or cancelled, and\nall its liabilities and duties met or discharged, and the termination\ndate of its corporate existence as set forth in section sixteen hundred\ntwenty-two-c of this title shall have been reached, the authority shall\ncease to exist and all rights, titles and interests and all obligations\nand liabilities thereof vested in or possessed by the authority shall\nthereupon vest in and be possessed by the village of Nyack.\n
Status: in_force · Read it on the official government site
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