N.Y. Public Authorities Law Section 1622-R
Termination of the authority


Whenever all of the bonds and notes issued by the authority shall have been redeemed or cancelled, and all its liabilities and duties met or discharged, and the termination date of its corporate existence as set forth in § 1622-C (Village of Nyack parking authority)section sixteen hundred twenty-two-c 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 village of Nyack.

Source: Section 1622-R — Termination of the authority, https://www.­nysenate.­gov/legislation/laws/PBA/1622-R (updated Sep. 22, 2014; accessed Oct. 26, 2024).

Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 1622-R’s source at nysenate​.gov

Link Style