Section 1425-R. Termination of the authority  


Latest version.
  • Whenever all of the bonds
      issued by the authority  shall  have  been  redeemed  or  canceled,  the
      authority  shall cease to exist and all rights, titles and interests and
      all obligations and liabilities thereof vested in or  possessed  by  the
      authority  shall  thereupon  vest  in  and  be  possessed by the city of
      Hudson.