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This entry was published on 2014-09-22
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SECTION 733
Funds of the authority
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 3, TITLE 9
§ 733. Funds of the authority. Notwithstanding the reconstitution and
continuation of the Ogdensburg bridge authority and the abolition of the
Ogdensburg port authority, effectuated by this title, or any other
provision of this chapter, moneys constituting the fund or funds of
either the Ogdensburg bridge authority or the Ogdensburg port authority
may be merged for the payment of debts and obligations, but separate
accounting records shall be maintained.

Notwithstanding any other provision of law, and except as hereinafter
provided in section thirteen hundred eighty-seven of this chapter, all
moneys hereafter received by the Ogdensburg bridge and port authority
pursuant to the provisions of title eight of article three of this
chapter, and all moneys hereafter received pursuant to the provisions of
title three of article six of this chapter, may be merged for the
payment of debts and obligations, but separate accounting records shall
be maintained.

Notwithstanding the provisions of this section, titles eight and nine
of article three and title three of article six or any other provisions
of this chapter, any moneys in either the "Ogdensburg bridge fund" or
the "Ogdensburg port fund" not necessary or required for cash
expenditures, as may be determined and certified from time to time by
the state director of the budget, shall, in amounts also to be
determined and certified by him, be available for and may be loaned to
or from either of the funds above mentioned. Amounts so loaned between
such funds shall be repaid without interest into the fund from which
each such loan was made.