New York § 1621-R Termination of the authority

New York Statutes

§ 1621-R — Termination of the authority

New York § 1621-R

Law PBAPublic Authorities

Title 21Middletown Parking Authority

Art. 7Parking Authorities

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Bluebook

N.Y. Public Authorities § 1621-R (2026).

Text

  * § 1621-r. Termination of the authority. Whenever all of the bonds\nand notes issued by the authority shall have been redeemed or cancelled,\nand all its liabilities and duties met or discharged, the authority\nshall cease to exist and all rights, title and interests and all\nobligations and liabilities thereof vested in or possessed by the\nauthority shall thereupon vest in and be possessed by the city of\nMiddletown.\n  * NB Repealed per § 1621-r (see chapter 597 of 2023 § 2 for specifics)\n

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* § 1621-r. Termination of the authority. Whenever all of the bonds\nand notes issued by the authority shall have been redeemed or cancelled,\nand all its liabilities and duties met or discharged, the authority\nshall cease to exist and all rights, title and interests and all\nobligations and liabilities thereof vested in or possessed by the\nauthority shall thereupon vest in and be possessed by the city of\nMiddletown.\n * NB Repealed per § 1621-r (see chapter 597 of 2023 § 2 for specifics)\n