§ 559 — Savings clause

New York § 559

• Jurisdiction: New York
• Law PVH: Private Housing Finance
• Art. 10: Sale or Lease of Projects

Text

§ 559. Savings clause. 1. The repeal of laws as specified in section\nfive hundred sixty of this article, or amendment of any law as provided\nby this act, shall not affect or impair the validity of any action taken\nby any public official under the law in effect immediately prior to the\ntime this article shall take effect nor affect or impair any contract or\nremedy or any act done or right accruing, accrued or acquired, or any\npenalty, forfeiture or punishment under or by virtue of the laws so\nrepealed and in existence prior to the time when this article takes\neffect, but the same may be asserted, enforced or prosecuted, and for\nsuch purposes all of the laws specified in section five hundred sixty\nare hereby continued in full force and effect.\n 2. This article or anything herein contained shall not affect or abate\nany actions, proceedings, civil or criminal, pending at the time when\nthis article takes effect, brought by, for or against the state, any\nmunicipality, authority, limited dividend or limited-profit housing\ncompany, under or in pursuance of the provisions of the laws repealed or\namended by this article or act; but all such actions or proceedings may\nbe continued, prosecuted, conducted and completed.\n 3. If any clause, sentence, paragraph, section or part of this article\nshall be adjudged by any court of competent jurisdiction to be invalid,\nsuch judgment shall not affect, impair or invalidate the remainder\nthereof, but shall be confined in its operation to the clause, sentence,\nparagraph, section or part thereof directly involved in the controversy\nin which such judgment shall have been rendered.\n 4. The provisions of this article shall be construed liberally so as\nto facilitate the purposes of this article.\n