(b) Except as provided in paragraph (a) of this subdivision, the
authority and its corporate existence shall continue until terminated by
law; provided, however, that no such law shall take effect so long as
the authority shall have bonds or other obligations outstanding unless
adequate provision has been made for the payment or satisfaction
thereof. Upon termination of the existence of the authority, all of the
rights and properties of the authority then remaining shall pass to and
vest in the county.
5. It is hereby determined and declared, that the authority and the
carrying out of its powers and duties are in all respects for the
benefit of the people of the county and the state for the improvement of
their health, welfare and prosperity and that such purposes are public
purposes and that the authority is and will be performing an essential
governmental function in the exercise of the powers conferred upon it by
this title.
* NB There are 2 ยง 1123's
Structure New York Laws
Article 5 - Public Utility Authorities
Title 6-C* - Dutchess County Water and Wastewater Authority
1123*2 - Dutchess County Water and Wastewater Authority.
1124*2 - Powers of the Authority.
1126*2 - Governmental Capacity of the Authority and Municipalities.
1127*2 - Transfer of Officers and Employees.
1128*2 - Bonds of the Authority.
1129*2 - Remedies of Bondholders.
1130*2 - State, County nor Other Municipality, Other Than Authority, Not Liable on Authority Bonds.
1131*2 - Moneys of the Authority.
1132*2 - Bonds Legal Investments for Fiduciaries.
1133*2 - Agreement of the State.
1134*2 - Exemption From Taxes, Assessments and Certain Fees.
1135*2 - Actions Against Authority.
1136*2 - Construction and Purchase Contracts.
1137*2 - Interest in Contracts Prohibited.
1138*2 - Authority to Take Affirmative Action.
1139*2 - Audit, Annual Report and Information.
1141*2 - Environmental Applications, Proceedings, Approvals and Permits.