There is a newer version of the New York Consolidated Laws
2012 New York Consolidated Laws
PBA - Public Authorities
Article 8 - MISCELLANEOUS AUTHORITIES
Title 26 - (2530 - 2551) NEW YORK CITY STABILIZATION RESERVE CORPORATION
2547 - Actions against the corporation.
NY Pub Auth L § 2547 (2012) What's This?
§ 2547. Actions against the corporation. (a) Except in an action for wrongful death, an action against the corporation for 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 of 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. An action against the corporation for wrongful death shall be commenced in accordance with the notice of claim and time limitation provisions of title eleven of article nine of this chapter. (b) The venue of every action, suit or special proceeding brought against the corporation shall be laid in the county of New York. (c) 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.
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