Legislation
SECTION 1441
Termination of the authority and disposition of properties
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 7, TITLE 2
§ 1441. Termination of the authority and disposition of properties.
The authority and its corporate existence shall continue only to the
thirtieth day of June, two thousand four, and thereafter until all its
liabilities have been met and its bonds have been paid in full or such
liabilities or bonds have otherwise been discharged. Upon its ceasing to
exist, all its rights and properties shall pass to the city.
The authority and its corporate existence shall continue only to the
thirtieth day of June, two thousand four, and thereafter until all its
liabilities have been met and its bonds have been paid in full or such
liabilities or bonds have otherwise been discharged. Upon its ceasing to
exist, all its rights and properties shall pass to the city.