Section 1020-EE. Nine Mile Point II; disposition of interest  


Latest version.
  • The authority
      shall make every effort to convey its interest in the Nine Mile Point II
      nuclear generating facility through the sale of  its  interest  in  such
      facility  to  the  power authority of the state of New York or to one or
      more of the co-tenants of such plant, provided,  however,  that  in  any
      acquisition  of such interest by the power authority of the state of New
      York or by one or more of the co-tenants, the authority shall  agree  to
      remain responsible for the purchase of such share of the power generated
      by  such facility as it is required to purchase under agreements entered
      into by LILCO and obligating the authority.