New York Public Authorities Law Title 2 - NEW YORK STATE BRIDGE AUTHORITY

• 525 - Short Title.
  This title may be cited as the "State Bridge Authority Act."
• 526 - Definitions.
  As used or referred to in this title, unless a different meaning clearly appears from the context, 1. The term "authority" shall mean the New...
• 526-a - Ceremonial Designation.
  All that portion of touring route 199 connecting Ulster and Dutchess counties which is identified and known as the Kingston-Rhinecliff bridge shall be designated and...
• 527 - New York State Bridge Authority.
  1. The board known as the "New York State Bridge Authority," is hereby continued. Such board shall be a body corporate and politic, shall have...
• 528 - Powers of the Authority.
  The authority shall have power 1. To acquire, hold and dispose of personal property for its corporate purposes; 1-a. To hold in the name of...
• 529 - Acquisition of Land; Dedication by Counties, Towns or Villages.
  1. Whenever the authority shall determine that any real estate or rights or easements therein are required for any of the bridges or for highway...
• 530 - Construction Contracts.
  The authority shall construct the bridges pursuant to a contract or contracts. Such contracts shall be let under the supervision of the commissioner and shall...
• 531 - Moneys of the Authority.
  1. All moneys of the authority from whatever source derived shall be paid to the comptroller as agent of the authority, who shall not commingle...
• 532 - Bonds of the Authority.
  1. The authority shall have power and is hereby authorized from time to time to issue its negotiable bonds in conformity with applicable provisions of...
• 532-a - Notes of the Authority.
  The authority shall have power from time to time to issue its negotiable notes in conformity with applicable provisions of the uniform commercial code and...
• 533 - Agreement of the State.
  The state of New York does pledge to and agree with the holders of any bonds or notes that the state will not authorize the...
• 534 - State Not Liable on Bonds.
  The bonds and other obligations of the authority shall not be a debt of the state and the state shall not be liable thereon, nor...
• 535 - Bonds and Notes Legal Investments for Fiduciaries.
  The bonds and notes are hereby made securities in which all public officers and bodies of this state and all municipalities and municipal subdivisions, all...
• 536 - Tax Contract by the State.
  536 Tax contract by the state. (1) The state of New York covenants with the purchasers and with all subsequent holders and transferees of bonds...
• 537 - Remedies of Bondholders.
  1. In the event that the authority shall default in the payment of principal of or interest on any of the bonds as the same...
• 538 - Tolls, Rules and Regulations.
  1. The authority shall have power to make rules and regulations for the preservation and use of the bridges and for the payment of tolls....
• 539 - Powers of the Comptroller.
  Whenever the state and the funds of which the comptroller is custodian or trustee, or any of them, shall be the owner of any bonds...
• 540 - Actions Against the Authority.
  1. In every action against the authority for damages, for injuries to real or personal property, or for the destruction thereof, or for personal injuries,...
• 541 - Title Not Affected If in Part Unconstitutional or Ineffective.
  If any section, clause or provision of this title shall be unconstitutional or be ineffective in whole or in part, to the extent that it...
• 542 - Inconsistent Provisions in Other Acts Superseded.
  Insofar as the provisions of this title are inconsistent with the provisions of any other act, general or special, the provisions of this title shall...

Last modified: February 3, 2019