(b) The authority shall be perpetual in duration and shall continue
until terminated by law, except if the certificate referred to in
paragraph (a) of this subdivision is not filed by two or more counties
on or before the date specified in such paragraph, then the corporate
existence of the authority shall thereupon terminate and it shall be
deemed to be and shall be dissolved, provided, however, that no such
termination 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 any termination of the
existence of the authority, all of the rights and properties of the
authority then remaining shall pass to and be vested in the
participating counties in accordance with such law.
5. 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 participating counties 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.
Structure New York Laws
Article 8 - Miscellaneous Authorities
Title 13-AA - Montgomery, Otsego, Schoharie Solid Waste Management Authority
2041-B - Montgomery, Otsego, Schoharie Solid Waste Management Authority.
2041-D - Powers of the Authority.
2041-E - Governmental Capacity of the Authority and Municipalities.
2041-F - Transfer of Officers and Employees.
2041-G - Bonds of the Authority.
2041-H - Remedies of Bondholders.
2041-I - State, County and Municipalities Not Liable on Authority Bonds.
2041-J - Moneys of the Authority.
2041-K - Bonds Legal Investment for Fiduciaries.
2041-L - Agreement With State.
2041-M - Exemption From Taxes, Assessments and Certain Fees.
2041-N - Actions Against Authority.
2041-P - Interest in Contracts Prohibited.
2041-Q - Audit and Annual Report.
2041-S - Agreements With the Participating Counties.
2041-T - Special Powers of Participating Counties and Municipalities.
2041-U - Solid Waste Reserve Fund.
2041-V - Transfer of Environmental Applications, Proceedings, Approvals and Permits.