N.Y. PBG Law § 57
This is the official text of N.Y. PBG Law § 57, part of New York’s PBG Law — part of the compiled statutory law of New York, published by the state as "PBG Law." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Dissolution of authorities
Official statutory text
§ 57. Dissolution of authorities. An authority or the municipality\nmay apply to the supreme court in any county in which the municipality\nor any part thereof is located, for an order dissolving the authority.\nThe court thereupon shall hold a hearing in open court after such notice\nof hearing as the court may require. Upon a showing to the satisfaction\nof the court that provision has been made for the payment or\nsatisfaction of all of the outstanding obligations of the authority and\nfor the necessary expenses for the liquidation thereof, the court may\norder that the authority be dissolved. Upon such dissolution the\nproperty of the authority shall be and become the property of the\nmunicipality.\n
Status: in_force · Read it on the official government site
Need a lawyer in New York?
Find a New York lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.