New York Laws
Title 11 - City of Yonkers Parking Authority
1596-Q - Termination of the Authority.

ยง 1596-q. Termination of the authority. Whenever all of the bonds
issued by the authority shall have been redeemed or canceled, and all
its liabilities met or discharged, and the termination date of its
corporate existence as set forth in section fifteen hundred ninety-six-c
of this title shall have been reached, the authority shall cease to
exist and all rights, titles and interests and all obligations and
liabilities thereof vested in or possessed by the authority shall
thereupon vest in and be possessed by the city of Yonkers.