N.Y. Gen. Mun. Law § 882

Current through 2024 NY Law Chapters 1-59 and 61-121

Section 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.