New York Statutes

§ 1226-D — Powers of the authority

New York·Law PBA Public Authorities·Title 10 Upper Mohawk Valley Regional Water Finance Authority·Art. 5 Public Utility Authorities
§ 1226-d. Powers of the authority. The authority shall have the 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 bonds or other obligations for its\ncorporate purposes and to provide for the rights of the holders thereof.\n 4. 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 to it in this title.\n 5. To enter into agreements with the water board, the board of water\nsupply and any municipality for the financing by the authority of\nprojects as herein provided.\n 6. To acquire by purchase, gift, grant, transfer, contract or lease or\nby condemnation pursuant to the eminent domain procedure law, lease

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