*  ยง  2473.  State aid guarantee; withholding thereof. 1. In the event
  that a participating municipality fails to make its required payment, in
  whole or in part, to the authority, the chairman of the authority  shall
  certify to the comptroller that such municipality has failed to meet its
  obligations.  Such  certificate  shall  be in such form as the authority
  deems desirable, but shall include the exact amount of payment  required
  to satisfy such municipality's obligation to the authority.
2.  The  comptroller,  upon  receipt  of  such  certificate  from  the
  authority, shall withhold from the city, county, town or village or,  in
  the event the participating municipality is a public benefit corporation
  from  the city, county, town or village on whose behalf such corporation
  was created, state aid payable to such city, county, town or village  to
  the  extent  necessary  to  meet  the  required  amount of payments. The
  comptroller shall immediately pay over to the sports  facilities  income
  fund account the amount so withheld.
* NB (Disbanded March, 1980)
Structure New York Laws
Article 8 - Miscellaneous Authorities
Title 19 - New York State Sports Authority
2463 - New York State Sports Authority.
2464 - General Powers of the Authority.
2465 - Plans for Sports Facilities.
2466 - The Acquisition of Real Property.
2467 - Bond and Note Authorization.
2468 - Bonds and Notes of the Authority.
2469 - Security for Bonds or Notes; Construction and Acquisition of Sports Facilities.
2470 - Resources of Authority.
2473 - State Aid Guarantee; Withholding Thereof.
2474 - Extraordinary Conditions Provision.
2475 - Remedies of Bondholders and Noteholders.
2476 - State and Municipalities Not Liable on Bonds and Notes.
2477 - Agreement of the State.
2479 - Exemption From Taxation of Bonds and Notes.
2480 - Bonds and Notes as Legal Investments for Public Officers and Fiduciaries.
2482 - Limitation of Liability.
2483 - Assistance by State Officers, Departments, Boards and Commissions.
2485 - Court Proceedings; Preferences; Venue.