New York Statutes
§ 1020-R — Repayment of state appropriations
New York·Law PBA Public Authorities·Title 1-A Long Island Power Authority·Art. 5 Public Utility Authorities
* § 1020-r. Repayment of state appropriations. All appropriations made\nby the state to the authority shall be treated as advances by the state\nto the authority, and shall be repaid to it without interest either out\nof the proceeds of bonds issued by the authority pursuant to the\nprovisions of this title, or by the delivery of non-interest bearing\nbonds of the authority to the state for all or any part of such\nadvances, or out of excess revenues of the authority, at such times and\non such conditions as the state and the authority mutually may agree\nupon.\n * NB There are 2 § 1020-r's\n
Free access — add to your briefcase to read the full text and ask questions with AI
New York § 1020-R (Repayment of state appropriations) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 1020
Short title§ 1020*2
Short title§ 1020-A*2
Definitions§ 1020-AA
Conflicts of interest§ 1020-B
Definitions§ 1020-B*2
Green Island power district§ 1020-BB
Exculpation§ 1020-C*2
Green Island power authority§ 1020-D
Board of trustees§ 1020-D*2
Powers of the authority§ 1020-E
Officers and employees; expenses