There is a newer version
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the New York Laws
2019 New York Laws
GMU - General Municipal
Article 18-A - Industrial Development
Title 1 - Agencies, Organization and Powers
882 - Termination of the Agency.
Universal Citation: NY Gen Mun L § 882 (2019)
§ 882. Termination of the agency. Whenever all of the bonds or notes issued by the agency shall have been redeemed or cancelled, and all straight-lease transactions have been terminated, the agency shall cease to exist and all rights, titles, and interest and all obligations and liabilities thereof vested in or possessed by the agency shall thereupon vest in and be possessed by the municipality.
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