Statute · New York General Municipal Law
N.Y. Gen. Mun. Law § 882 — Termination of the agency
N.Y. Gen. Mun. Law § 882
- Type
- Statute
- Source
- New York General Municipal Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 882. Termination of the agency. Whenever all of the bonds or notes issued by the agency shall have been redeemed or cancelled, and all straight-lease transactions have been terminated, the agency shall cease to exist and all rights, titles, and interest and all obligations and liabilities…
Citator
N.Y. Gen. Mun. Law § 882 — Termination of the agency is in force in the current edition of the Code, and nothing recorded condemns it.
§ 882. Termination of the agency. Whenever all of the bonds or notes issued by the agency shall have been redeemed or cancelled, and all straight-lease transactions have been terminated, the agency shall cease to exist and all rights, titles, and interest and all obligations and liabilities thereof vested in or possessed by the agency shall thereupon vest in and be possessed by the municipality.