Laws of New York (Last Updated: November 21, 2014) |
PBA Public Authorities |
Article 8. MISCELLANEOUS AUTHORITIES |
Title 15. AUBURN INDUSTRIAL DEVELOPMENT AUTHORITY |
Section 2334. Termination of the authority
Latest version.
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Whenever all of the bonds issued by the authority shall have been redeemed or cancelled, the authority shall cease to exist and all rights, titles, and interest and all obligations and liabilities thereof vested in or possessed by the authority shall thereupon vest in and be possessed by the city of Auburn.