§ 4. New York state medical care facilities finance agency. There is
hereby created the New York state medical care facilities finance
agency. The agency shall be a corporate governmental agency constituting
a public benefit corporation. From and after the effective date of the
health care financing consolidation act, as provided in subdivision 1 of
section 1699-f of the public authorities law, the agency shall continue
its corporate existence in and through the dormitory authority, and the
dormitory authority shall succeed to the powers, duties and functions of
the agency.