Legislation

Search OpenLegislation Statutes

This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 1020-EE
Nine Mile Point II; disposition of interest
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 5, TITLE 1-A
§ 1020-ee. Nine Mile Point II; disposition of interest. The authority
shall make every effort to convey its interest in the Nine Mile Point II
nuclear generating facility through the sale of its interest in such
facility to the power authority of the state of New York or to one or
more of the co-tenants of such plant, provided, however, that in any
acquisition of such interest by the power authority of the state of New
York or by one or more of the co-tenants, the authority shall agree to
remain responsible for the purchase of such share of the power generated
by such facility as it is required to purchase under agreements entered
into by LILCO and obligating the authority.