N.Y. Public Authorities Law Section 1441
Termination of the authority and disposition of properties


The authority and its corporate existence shall continue only to the thirtieth day of June, two thousand four, and thereafter until all its liabilities have been met and its bonds have been paid in full or such liabilities or bonds have otherwise been discharged. Upon its ceasing to exist, all its rights and properties shall pass to the city.

Source: Section 1441 — Termination of the authority and disposition of properties, https://www.­nysenate.­gov/legislation/laws/PBA/1441 (updated Sep. 22, 2014; accessed Jul. 13, 2024).

Accessed:
Jul. 13, 2024

Last modified:
Sep. 22, 2014

§ 1441’s source at nysenate​.gov

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