Public Authorities Law § 1599-s · Title 14. City of Schenectady Parking Authority
Termination of the authority
Text — Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)
* § 1599-s. Termination of the authority. Whenever all of the bonds and notes issued by the authority shall have been redeemed or cancelled, and all its liabilities and duties met or discharged, and the termination date of its corporate existence as set forth in section fifteen hundred ninety-nine-c of this title shall have been reached, the authority shall cease to exist and all rights, title and interests and all obligations and liabilities thereof vested in or possessed by the authority shall thereupon vest in and be possessed by the city.
* NB Authority ceased to exist 08/05/2002
* NB There are 4 § 1599-s's
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/PBA1599-S%2A4
- Text hash
- sha256 8220fd8b04dde7f045bc7554de16192a9dd76ff5600ac62d32fafe504576d201
- 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 "Authority ceased to exist 08/05/2002" is printed with the text.
- The Senate's note "There are 4 § 1599-s's": the Legislature enacted more than one unit under that number; each is printed.
- The Legislature enacted more than one section numbered 1599-s; this is number 4 as the Senate prints them.
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.