Section 480. Town of Oyster Bay housing authority

A municipal housing
  authority, to be known as the town of Oyster Bay housing  authority,  is
  hereby  created and established for the town of Oyster Bay in the county
  of Nassau for the accomplishment of any or all of the purposes specified
  in article eighteen of the constitution of the state  of  New  York.  It
  shall  constitute a body corporate and politic, be perpetual in duration
  and consist of five members. It shall have the powers and duties now  or
  hereafter  conferred by this chapter upon municipal housing authorities.
  It shall be organized in the manner prescribed by  and  subject  to  the
  provisions of this chapter, and the authority, its members, officers and
  employees  and  its  operations  and activities shall in all respects be
  governed by the provisions of this chapter.