New York Laws
Title 10-D - Nassau County Sewer and Storm Water Finance Authority
1232-C - Nassau County Sewer and Storm Water Finance Authority.

(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, properties, responsibilities and liabilities of the authority
then remaining shall pass to and vest in the county.
7. Nothing herein shall be construed to exempt the authority from the
requirements set forth in the environmental conservation law and the
regulations promulgated thereunder implementing the provisions of the
state environmental quality review act.
8. 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.
9. Nothing in this title shall be construed to obligate the state in
any way in connection with the operations or obligations of the
authority.