N.Y. Public Authorities Law Section 1470-Q
Termination of the authority


Whenever all of the bonds issued by the authority shall have been redeemed or canceled, and all its liabilities met or discharged, and the termination date of its corporate existence as set forth in § 1470-B (City of Rome parking authority)section fourteen hundred seventy-b of this title shall have been reached, the authority shall cease to exist and all rights, titles and interests and all obligations and liabilities thereof vested in or possessed by the authority shall thereupon vest in and be possessed by the city of Rome. * NB City of Rome Parking Authority ceased to exist 12/31/2000 per § 1470-b, and thereafter until all liabilities have been met/discharged, and all bonds paid/discharged

Source: Section 1470-Q — Termination of the authority, https://www.­nysenate.­gov/legislation/laws/PBA/1470-Q (updated Sep. 22, 2014; accessed Jun. 15, 2024).

Accessed:
Jun. 15, 2024

Last modified:
Sep. 22, 2014

§ 1470-Q’s source at nysenate​.gov

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