ยง 1967. Termination of the authority. Whenever all of the bonds issued
by the authority shall have been redeemed or cancelled, and all
straight-lease transactions have been terminated, the authority shall
cease to exist and all rights, titles, and interest and all obligations
and liabilities thereof vested in or possessed by the authority shall
thereupon vest in and be possessed by the city of Troy.
Structure New York Laws
Article 8 - Miscellaneous Authorities
Title 11 - Troy Industrial Development Authority
1952 - Troy Industrial Development Authority.
1952-A - Video Recordings of Open Meetings and Public Hearings.
1953 - Purpose and Powers of the Authority.
1953-A - Additional Prerequisites to the Provision of Financial Assistance.
1954 - Civil Service Status of Officers and Employees.
1954-A - Conflicts of Interest.
1955-A - Compensation Procurement and Investment.
1956 - Construction and Purchase Contracts.
1957 - Moneys of the Authority.
1958 - Bonds of the Authority.
1959 - Notes of the Authority.
1960 - Agreements of the City and State.
1961 - State and City Not Liable on Bonds.
1962 - Bonds Legal Investments for Public Officers.
1963-A - Uniform Tax Exemption Policy.
1964 - Tax Contract by the State.
1965 - Remedies of Bondholders.
1966 - Actions Against the Authority.
1967 - Termination of the Authority.
1968 - Title Not Affected if in Part Unconstitutional or Ineffective.