New York Statutes

§ 1045-D — General powers of the authority

New York·Law PBA Public Authorities·Title 2-A New York City Municipal Water Finance Authority·Art. 5 Public Utility Authorities
§ 1045-d. General powers of the authority. Except as otherwise limited\nby this title, the authority shall have power:\n 1. To sue and be sued;\n 2. To have a seal and alter the same at pleasure;\n 3. To borrow money and issue negotiable or non-negotiable notes, bonds\nor other obligations and to provide for the rights of the holders\nthereof;\n 4. To make and amend by-laws for its organization and internal\nmanagement, and rules and regulations governing the exercise of its\npower and the fulfillment of its purposes under this title and file such\nby-laws with the secretary of state and clerk of the city;\n 5. To enter into contracts and to execute all instruments necessary or\nconvenient or desirable for the purposes of the authority to carry out\nany powers expressly given it in

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