Section 186. Transfers of economic development power  


Latest version.
  • The transfer of an
      economic development power allocation between facilities of a  recipient
      shall  be  prohibited  unless  specifically  approved  by  the  board as
      consistent with the criteria and requirements in  sections  one  hundred
      eighty-four,  one hundred eighty-five and subdivision (g) of section one
      hundred eighty-seven of this article as may be applicable. Any  transfer
      which  occurs  without  the  board's  approval shall be invalid and such
      transfer may subject the recipient to revocation of its  allocation  and
      modification or revocation of its contract.