Statute · New York Public Authorities Law
N.Y. Pub. Auth. Law § 1020-ee — Nine Mile Point II; disposition of interest
N.Y. Pub. Auth. Law § 1020-ee
- Type
- Statute
- Source
- New York Public Authorities Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 1020-ee. Nine Mile Point II; disposition of interest. The authority shall make every effort to convey its interest in the Nine Mile Point II nuclear generating facility through the sale of its interest in such facility to the power authority of the state of New York or to one or more of the…
Citator
N.Y. Pub. Auth. Law § 1020-ee — Nine Mile Point II; disposition of interest is in force in the current edition of the Code, and nothing recorded condemns it.
§ 1020-ee. Nine Mile Point II; disposition of interest. The authority shall make every effort to convey its interest in the Nine Mile Point II nuclear generating facility through the sale of its interest in such facility to the power authority of the state of New York or to one or more of the co-tenants of such plant, provided, however, that in any acquisition of such interest by the power authority of the state of New York or by one or more of the co-tenants, the authority shall agree to remain responsible for the purchase of such share of the power generated by such facility as it is required to purchase under agreements entered into by LILCO and obligating the authority.