ยง 3247. Actions against the corporation. 1. An action against the
corporation for death, personal injury or property damage or founded on
tort shall not be commenced more than one year and ninety days after the
cause of action thereof shall have accrued nor unless a notice of claim
shall have been served on a director or the corporation or officer or
employee thereof designated by the corporation for such purpose, within
the time limited by, and in compliance with the requirements of section
fifty-e of the general municipal law.
2. The venue of every action, suit or special proceeding brought
against the corporation shall be laid in the county of Albany.
3. Neither any director of the corporation nor any officer, employee,
or agent of the corporation, while acting within the scope of their
authority, shall be subject to any personal liability resulting from
exercising or carrying out of any of the corporation's purposes or
powers.
Structure New York Laws
Title 4 - New York Local Government Assistance Coporation
3233 - New York Local Government Assistance Corporation.
3234 - Administration of the Corporation.
3235 - General Powers of the Corporation.
3236 - Bonds and Notes of the Corporation.
3238 - Payments to Local Governments.
3238-A - Payment to City of New York.
3239 - Resources of the Corporation.
3240 - Payments to the Corporation.
3241 - Agreement With the State.
3241-A - Limitation on Issuance of Tax and Revenue Anticipation Notes by the State.
3242 - State and Local Governments Not Liable on Bonds and Notes.
3243 - Remedies of Bondholders and Noteholders.
3244 - Bonds and Notes as Legal Investments.
3245 - Exemption From Taxation.
3246 - Employees of the Corporation.
3247 - Actions Against the Corporation.
3248 - Assistance to the Corporation.
3249 - Preference for Actions or Proceeding Against the Corporation.