Statute · New York Public Authorities Law

N.Y. Pub. Auth. Law § 3105 — Public purpose of the corporation

N.Y. Pub. Auth. Law § 3105

Type
Statute
Source
New York Public Authorities Law
Jurisdiction
New York
Current through
Nov 6, 2026 (NY Senate Open Legislation)

§ 3105. Public purpose of the corporation. The corporation is created and shall be operated exclusively for public purposes and not for pecuniary profit. No part of the net earnings of the corporation shall inure to the benefit of any private individual.

Citator

N.Y. Pub. Auth. Law § 3105 — Public purpose of the corporation is in force in the current edition of the Code, and nothing recorded condemns it.

§ 3105. Public purpose of the corporation. The corporation is created and shall be operated exclusively for public purposes and not for pecuniary profit. No part of the net earnings of the corporation shall inure to the benefit of any private individual.