ยง 2334. 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 Auburn.
Structure New York Laws
Article 8 - Miscellaneous Authorities
Title 15 - Auburn Industrial Development Authority
2304 - Auburn Industrial Development Authority.
2305 - Video Recordings of Open Meetings and Public Hearings.
2306 - Purpose and Powers of the Authority.
2307 - Additional Prerequisites to the Provision of Financial Assistance.
2308 - Civil Service Status of Officers and Employees.
2311 - Compensation, Procurement and Investment.
2312 - Construction and Purchase Contracts.
2314 - Moneys of the Authority.
2315 - Uniform Tax Exemption Policy.
2316 - Bonds of the Authority.
2318 - Notes of the Authority.
2320 - Agreements of the City and State.
2322 - State and City Not Liable on Bonds.
2324 - Bonds as Legal Investments.
2328 - Tax Contract by the State.
2330 - Remedies of Bondholders.
2332 - Actions Against the Authority.
2333 - Limitation of Liability.
2334 - Termination of the Authority.
2336 - Title Not Affected if in Part Unconstitutional or Ineffective.