New York Laws
Title 2 - Albany Light, Heat and Power Authority
1030 - Deposit for Temporary Possession of Property.

* § 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

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