There is a newer version of the New York Consolidated Laws
2006 New York Code - Termination Of The Authority And Disposition Of Properties.
§ 1599-rr. Termination of the authority and disposition of properties. The authority and its corporate existence shall continue only to the thirtieth day of June, nineteen hundred ninety-four, and thereafter until all its liabilities have been met and its bonds have been paid in full or such liabilities or bonds have otherwise been discharged. Upon its ceasing to exist, all its rights and properties shall pass to the village of Spring Valley.
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