New York Public Authorities Law Section 2508-A - Certain property acquired by authority.

* 2508-a. Certain property acquired by authority. In the event that the New York state sports authority upon full amortization of any outstanding bonds issued for the acquisition, construction or rehabilitation of a sports facility, transfers such sports facility to the authority pursuant to subdivision four of section twenty-four hundred seventy-two of this chapter, such sports facility shall pass to and be vested in the city.

* NB (Discontinued-Board of Directors never appointed)


Last modified: February 3, 2019