New York Laws
Title 11 - Metropolitan Commuter Transportation Authority
1279-E - Assignment, Transfer, Sharing or Consolidating Powers, Functions or Activities.

(b) Upon receipt of the review pursuant to section twelve hundred
seventy-nine-f of this title the authority shall revise the personnel
and reorganization plan to consider and incorporate the findings of such
review within ninety days of receipt. Such revised personnel and
reorganization plan shall be approved by the board of the authority.
2. Such assignment, transfer, sharing, or consolidation pursuant to
this section shall occur only if approved by resolution of the board of
the authority, serving on behalf of the authority and any affected
subsidiary or affiliate or their subsidiary, adopted by not less than a
majority vote of the whole number of members of the authority then in
office, with the chairman having one additional vote in the event of a
tie vote.
3. Pursuant to this section, any such assigning, transferring,
sharing, or consolidating of powers, duties, functions or activities
shall not be authorized where it would impair any rights and remedies of
any holders of notes, bonds or other obligations issued by the
authority, its subsidiaries, or affiliates or their subsidiaries.
Nothing set forth in this section shall be construed to impede, infringe
or diminish the rights and benefits that accrue to employees and
employers through collective bargaining agreements, or impact or change
an employee's membership in a bargaining unit.
4. No consolidation shall result in the complete dissolution or merger
within or between the authority or its subsidiaries, affiliates or their
subsidiaries.

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