N.Y. PBA Law § 2053-D
This is the official text of N.Y. PBA Law § 2053-D, 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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Transfer of property to authority; acquisition of property by county for authority
Official statutory text
§ 2053-d. Transfer of property to authority; acquisition of property\nby county for authority. 1. The county or any other municipality may\ngive, grant, sell, convey, loan, license the use of or lease to the\nauthority any property or facility which is useful to the authority in\norder to carry out its powers and duties under this title. Any such\ntransfer of property shall be upon such terms and conditions, subject to\nthe rights of the holders of any bonds, subject to the provisions of\nsection two thousand fifty-three-f of this title, as the authority and\nthe county or other municipality may agree.\n 2. Notwithstanding the provisions of any other law, general, special\nor local, real property acquired by the authority, subject to the\nprovisions of section two thousand fifty-three-f of this title, or the\ncounty from the state may be used for any corporate purpose of the\nauthority.\n
Status: in_force · Read it on the official government site
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