Section 2. Definitions


Latest version.
  • As used in this chapter:
        1.  "state  authority" shall mean a public authority or public benefit
      corporation created by or existing under this chapter or any  other  law
      of  the  state of New York, with one or more of its members appointed by
      the governor or who serve as members by virtue of holding a civil office
      of the state, other than an interstate  or  international  authority  or
      public  benefit  corporation,  including  subsidiaries  of  such  public
      authority or public benefit corporation.
        2. "local authority" shall mean  (a)  a  public  authority  or  public
      benefit  corporation  created  by  or existing under this chapter or any
      other law of the state of New York whose members do  not  hold  a  civil
      office  of the state, are not appointed by the governor or are appointed
      by the governor  specifically  upon  the  recommendation  of  the  local
      government  or  governments; (b) a not-for-profit corporation affiliated
      with, sponsored by, or created  by  a  county,  city,  town  or  village
      government;  (c) a local industrial developmental agency or authority or
      other local public benefit corporation; or  (d)  an  affiliate  of  such
      local authority.
        3. "interstate or international authority" shall mean an international
      or  interstate public authority created pursuant to agreement or compact
      with another state or with  a  foreign  power,  including  any  and  all
      affiliates or subsidiaries.
        4. "affiliate" or "affiliated with" shall mean a corporate body having
      substantially the same ownership or control as another corporate body.
        5.  "subsidiary"  shall not include, for the purposes of this chapter,
      corporations that have been certified by the parent corporation  to  the
      entity  created  pursuant  to section twenty-seven of the chapter of the
      laws of two thousand five which added this section as being inactive for
      the past  twelve  months,  having  an  identical  board  of  its  parent
      corporation, or not having separate and independent operational control.
      Provided,  however,  the parent corporation, in response to any request,
      shall address any provision or provisions of this chapter.