New York Statutes
§ 1441 — Termination of the authority and disposition of properties
New York·Law PBA Public Authorities·Title 2 White Plains Parking Authority·Art. 7 Parking Authorities
§ 1441. Termination of the authority and disposition of properties.\nThe authority and its corporate existence shall continue only to the\nthirtieth day of June, two thousand four, and thereafter until all its\nliabilities have been met and its bonds have been paid in full or such\nliabilities or bonds have otherwise been discharged. Upon its ceasing to\nexist, all its rights and properties shall pass to the city.\n
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Nearby Sections
15
§ 1425
Short title§ 1426
Definitions§ 1431
Public work contracts§ 1432
Moneys of the authority§ 1433
Bonds of the authority§ 1435
Agreements of the state§ 1439
Remedies of bondholders