ยง 1206-a. Transit construction fund. In addition to the powers
provided elsewhere in this title, and to effectuate the purposes of the
transit construction fund act, constituting title nine-a of article five
of this chapter, the authority or any subsidiary may: (a) acquire and
use any transit facility in accordance with the terms and conditions of
any sublease or other agreement with the transit construction fund; (b)
authorize the use by the transit construction fund, either with or
without compensation to the authority, of the agents, employees and
facilities of the authority; (c) make and execute contracts, leases,
subleases and all other instruments or agreements deemed necessary or
convenient including agreements with the metropolitan transportation
authority and the transit construction fund; and (d) do any and all
other things deemed necessary or convenient.
Structure New York Laws
Article 5 - Public Utility Authorities
Title 9 - New York City Transit Authority
1201 - New York City Transit Authority.
1202 - Purposes of the Authority.
1203 - Transfer of Transit Facilities by the City to the Authority.
1203-A - Subsidiary Corporation.
1204 - General Powers of the Authority.
1204-A - Rapid Transit Noise Code.
1204-C - Receipt of Line of Duty Pay.
1204-D - Special Powers of the Authority.
1204-E - New York City Transit Authority Advisory Council.
1205 - Rates of Fare and Levels of Service.
1205-A - Surrender of Power Plants.
1206-A - Transit Construction Fund.
1207 - Notes and Equipment Trusts.
1207-A - Purchase of Cars by the Authority and Disposition Thereof.
1207-B - Issuance of Bonds and Notes by the Authority.
1207-C - Required Redemption of Bonds.
1207-D - Agreement of the State.
1207-E - State and City Not Liable on Bonds or Notes.
1207-F - Bonds and Notes Legal Investments for Fiduciaries.
1207-G - Exemptions From Taxation.
1207-H - Remedies of Bondholders and Noteholders.
1207-I - Rates of Fare While Bonds, Notes and Other Obligations Are Outstanding.
1207-J - Limitation on the Exercise of Powers by Authority and Lease Renewal.
1207-K - Purchase, Financing and Lease of Cars and Rolling Stock by City.
1207-L - Inconsistent Provisions of Other Acts Superseded.
1209-A - Transit Adjudication Bureau.
1210-A - Flexible Benefits Program.
1211 - Members and Employees Not to Be Interested in Contracts.
1212 - Actions Against the Authority.
1212-A - Security by Authority.
1216 - Exemption From Taxation and Fees.
1217 - Records; Prima Facie Evidence.
1218 - Pending Actions and Proceedings.
1219 - Continuity of Jurisdiction.