N.Y. Pub. Auth. Law § 1967
Current through 2024 NY Law Chapter 553
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.
N.Y. Pub. Auth. Law § 1967