N.Y. Public Authorities Law Section 1856
Acquisition of real property

1.

Upon determination by the authority that any real property is necessary for its corporate purposes, the commissioner shall, if so requested by the authority, acquire the same in the name of the state by dedication, by agreement, by condemnation pursuant to the condemnation law, or by appropriation in the manner provided by Highway Law § 30 (Acquisition by the state of property required for the construction and reconstruction of state highways and structures thereon)section thirty of the highway law, and payment therefor shall be made by the authority from the proceeds of sale of its bonds, notes or other obligations, or from other available moneys therefor. The authority shall hold such property in the name of the state and shall have the right to possess and use for its corporate purposes, so long as its corporate existence shall continue, all such real property and rights in real property so acquired.

2.

At any time after this title shall become effective, the authority may, by resolution, assume jurisdiction over and hold in the name of the state all or any part of the real property acquired and held in the name of the state by the state office of atomic development. Upon the effective date of such resolution, the authority shall hold any such real property in the name of the state and shall have the right to possess and use for its corporate purposes, so long as its corporate existence shall continue, any such real property.

Source: Section 1856 — Acquisition of real property, https://www.­nysenate.­gov/legislation/laws/PBA/1856 (updated Sep. 22, 2014; accessed Dec. 21, 2024).

1850
Short title 1850‑A
Legislative declaration 1851
Definitions 1852
New York state energy research and development authority 1853
Approval power of the governor 1854
Purposes and specific powers of the authority 1854‑A
Nuclear waste repository siting 1854‑B
Low-level radioactive waste management facilities 1854‑C
Permanent disposal facilities 1854‑D
Generator reporting and fees 1855
General powers of the authority 1856
Acquisition of real property 1857
Officers and employees 1858
Assistance by state officers, departments, boards, divisions and commissions 1859
Deposit, investment and accounting of moneys of the authority 1860
Bonds and notes 1860‑A
Reserve funds and appropriations 1861
Exemption from taxation of the property and income of the authority 1862
Exemption from taxation of bonds and notes 1863
Bonds and notes legal investments for fiduciaries 1864
Right of state to require redemption of bonds 1865
Rights and remedies of bondholders and noteholders 1866
State not liable on bonds and notes 1867
Annual reports 1867‑A
Federal insurance or guaranty 1868
Inconsistent provisions of other acts 1868‑A
Actions 1869
Termination of the authority 1870
Title not affected if in part unconstitutional or ineffective 1871
Public service law not applicable to authority 1872
Green residential building program 1872‑A
Affordable residential green building program 1873
Examination and reporting of energy efficiency grant recipients 1875
Legislative findings and declaration of intent 1876
High temperature technology research program established 1877
Purposes of the high temperature technology research program 1878
State coordination, oversight and technology transfer 1879
Funds 1880
Legislative findings and declaration of intent 1881
High phase order electric transmission research project 1882
School energy efficiency collaboration program 1883
State oversight and funding 1884
Zero-emission bus roadmap
Green check means up to date. Up to date

Accessed:
Dec. 21, 2024

Last modified:
Sep. 22, 2014

§ 1856’s source at nysenate​.gov

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