Section 2508-A. Certain property acquired by authority

Latest version.

In the event that
  the New York state  sports  authority  upon  full  amortization  of  any
  outstanding   bonds   issued   for   the  acquisition,  construction  or
  rehabilitation of a sports facility, transfers such sports  facility  to
  the  authority  pursuant  to  subdivision  four  of  section twenty-four
  hundred seventy-two of this chapter, such sports facility shall pass  to
  and be vested in the city.
    * NB (Discontinued-Board of Directors never appointed)

                    
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