Statute · New York Public Authorities Law
N.Y. Pub. Auth. Law § 1967 — Termination of the authority
N.Y. Pub. Auth. Law § 1967
- Type
- Statute
- Source
- New York Public Authorities Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 1967. Termination of the authority. Whenever all of the bonds issued by the authority shall have been redeemed or cancelled, and all straight-lease transactions have been terminated, the authority shall cease to exist and all rights, titles, and interest and all obligations and liabilities…
Citator
N.Y. Pub. Auth. Law § 1967 — Termination of the authority is in force in the current edition of the Code, and nothing recorded condemns it.
§ 1967. Termination of the authority. Whenever all of the bonds issued by the authority shall have been redeemed or cancelled, and all straight-lease transactions have been terminated, the authority shall cease to exist and all rights, titles, and interest and all obligations and liabilities thereof vested in or possessed by the authority shall thereupon vest in and be possessed by the city of Troy.