New York Laws
Title 13-F - Town of North Hempstead Solid Waste Management Authority
2049-C - Town of North Hempstead Solid Waste Management Authority.

(b) The authority shall be perpetual in duration, except that if the
certificate referred to in paragraph (a) of this subdivision is not
filed with the secretary of state 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,
and except, further, that the authority and its corporate existence may
be terminated by law or by resolution of the town board, 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 vest in the town. In connection with any such termination pursuant
to a resolution of the town board, the town supervisor shall, within
thirty days of the effective date of such termination, file in the
office of the secretary of state a certificate setting forth the name of
the authority and the effective date of the termination.

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