Section 1600-RR. Termination of the authority

Latest version.

Whenever all of the bonds and
  notes issued by the authority shall have been redeemed or cancelled, and
  all  its  liabilities  and duties met or discharged, and the termination
  date of its corporate existence as set forth in section one thousand six
  hundred-cc of this title shall have been reached,  the  authority  shall
  cease  to  exist and all rights, title and interests and all obligations
  and liabilities thereof vested in or possessed by  the  authority  shall
  thereupon vest in and be possessed by the village of Sleepy Hollow.

                    
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