General Municipal Law § 882 · Title 1. Agencies, Organization and Powers
Termination of the agency
Verbatim from the official edition
Text — Law content up to date as of September 11, 2026, as published by the New York State Senate (Open Legislation)
§ 882. Termination of the agency. Whenever all of the bonds or notes issued by the agency shall have been redeemed or cancelled, and all straight-lease transactions have been terminated, the agency shall cease to exist and all rights, titles, and interest and all obligations and liabilities thereof vested in or possessed by the agency shall thereupon vest in and be possessed by the municipality.
Source of truth
- Edition
- Law content up to date as of September 11, 2026, as published by the New York State Senate (Open Legislation)
- Official file
- https://legislation.nysenate.gov/pdf/laws/GMU882
- Text hash
- sha256 d2d9e2fc9cdea82815b78d35679724a08623b3b02658c5da6dace072d40b8821
- Composed by
- gen_ny_statutes.py 2026-11-10: the Senate's Open Legislation law tree (GET /api/3/laws/<ID>?full=true) read in document order; the Senate's PDF of the whole law (GET /pdf/laws/<ID>?full=true), read with PDFium, prints the same words in the same order
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.