Section 2053-D. Transfer of property to authority; acquisition of property by county for authority  


Latest version.
  • 1. The county or  any  other  municipality  may  give,  grant,  sell,  convey,  loan,  license the use of or lease to the
      authority any property or facility which is useful to the  authority  in
      order  to  carry  out  its  powers and duties under this title. Any such
      transfer of property shall be upon such terms and conditions, subject to
      the rights of the holders of any bonds, subject  to  the  provisions  of
      section  two  thousand fifty-three-f of this title, as the authority and
      the county or other municipality may agree.
        2. Notwithstanding the provisions of any other law,  general,  special
      or  local,  real  property  acquired  by  the  authority, subject to the
      provisions of section two thousand fifty-three-f of this title,  or  the
      county  from  the  state  may  be  used for any corporate purpose of the
      authority.