Public Authorities Law § 1030 · Title 2. Albany Light, Heat and Power Authority
Deposit for temporary possession of property
Text — Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)
* § 1030. Deposit for temporary possession of property. Whenever the authority, in any proceedings instituted by it for the acquisition of any existing plant or plants by condemnation, shall make application for temporary possession pursuant to the provisions of section twenty-four of the condemnation law, the sum to be fixed by the court for deposit, as a condition of granting such application, need not exceed ten per centum of the assessed valuation of the real property sought to be acquired in such proceeding as such assessed valuation appeared upon the last assessment rolls for state or county taxes prior to the commencement of such proceeding.
* NB Terminated July 1, 1963
Source of truth
- Edition
- Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)
- Official file
- https://legislation.nysenate.gov/pdf/laws/PBA1030
- Text hash
- sha256 f3e1c8091151d27e4f1b2c4381bd01806f2b5fb0bc311cc76d1d098ae98eb80f
- 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
- The Senate's note "Terminated July 1, 1963" is printed with the text.
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.