N.Y. PBA Law § 2508-A
This is the official text of N.Y. PBA Law § 2508-A, 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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Certain property acquired by authority
Official statutory text
* § 2508-a. Certain property acquired by authority. In the event that\nthe New York state sports authority upon full amortization of any\noutstanding bonds issued for the acquisition, construction or\nrehabilitation of a sports facility, transfers such sports facility to\nthe authority pursuant to subdivision four of section twenty-four\nhundred seventy-two of this chapter, such sports facility shall pass to\nand be vested in the city.\n * NB (Discontinued-Board of Directors never appointed)\n
Status: in_force · Read it on the official government site
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