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  • SECTION 880
    Actions against the agency
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    Agencies, Organization and Powers
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  • SECTION 883
    Conflicts of interest
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    SECTION 882

    Termination of the agency

    General Municipal (GMU) CHAPTER 24, ARTICLE 18-A, TITLE 1

    § 882. Termination of the agency. Whenever all of the bonds or notes
    issued by the agency shall have been redeemed or cancelled, and all
    straight-lease transactions have been terminated, the agency shall cease
    to exist and all rights, titles, and interest and all obligations and
    liabilities thereof vested in or possessed by the agency shall thereupon
    vest in and be possessed by the municipality.