N.Y. Pub. Auth. Law § 1441

Current through 2024 NY Law Chapter 553
Section 1441 - Termination of the authority and disposition of properties

The authority and its corporate existence shall continue only to the thirtieth day of June, two thousand four, and thereafter until all its liabilities have been met and its bonds have been paid in full or such liabilities or bonds have otherwise been discharged. Upon its ceasing to exist, all its rights and properties shall pass to the city.

N.Y. Pub. Auth. Law § 1441