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N.Y. Public Authorities Law § 551 Definitions
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§ 551. 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 Triborough bridge and tunnel authority, the corporation organized pursuant to section five hundred fifty-two of this chap…
N.Y. Public Authorities Law § 552 Triborough bridge and tunnel authority
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§ 552. Triborough bridge and tunnel authority. 1. A board, to be known as "Triborough bridge and tunnel authority" is hereby created. Such board shall be a body corporate and politic constituting a public benefit corporation. It shall consist of seventeen members, all serving ex…
N.Y. Public Authorities Law § 552-A Consolidation
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§ 552-a. Consolidation. 1. (a) Triborough bridge authority, the corporation created pursuant to section five hundred fifty-two of this chapter, as originally enacted, and the New York city parkway authority, the corporation created by section two hundred seventy-seven of this ch…
N.Y. Public Authorities Law § 553 Powers of the authority
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§ 553. Powers of the authority. The authority shall have power 1. to sue and be sued; 2. To have a seal and alter the same at pleasure; * 3. To acquire, hold and dispose of personal property for its corporate purposes, including, the power to dispose of personal property with a …
N.Y. Public Authorities Law § 553-A Additional powers in relation to Brooklyn Richmond project
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§ 553-a. Additional powers in relation to Brooklyn Richmond project. 1. If and when the Port of New York authority (herein called the "port authority") is authorized to make agreements with the authority relating to the construction, ownership, maintenance and operation of the B…
N.Y. Public Authorities Law § 553-B Additional powers and provisions in relation to convention center
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§ 553-b. Additional powers and provisions in relation to convention center. 1. In relation to the convention center and for the purpose of effectuating the development of the same, the authority shall have power, in its discretion and subject to and in accordance with all contra…
N.Y. Public Authorities Law § 553-C Additional powers and provisions in relation to railroad and rapid transit projects
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§ 553-c. Additional powers and provisions in relation to railroad and rapid transit projects. 1. The authority shall have the power to finance all or any part of the costs of railroad and rapid transit costs enumerated in paragraphs m, n, o and p of subdivision nine of section f…
N.Y. Public Authorities Law § 553-D Special Triborough bridge and tunnel authority special obligation bonds and notes
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§ 553-d. Special Triborough bridge and tunnel authority special obligation bonds and notes. In addition to the powers contained elsewhere in this title with respect to the projects authorized by paragraphs (m), (n), (o), (p) and (r) of subdivision nine of section five hundred fi…
N.Y. Public Authorities Law § 553-E Laws applicable to certain activities
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§ 553-e. Laws applicable to certain activities. 1. (a) In its performance of any project authorized by paragraph (m), (n), (o), (p) or (r) of subdivision nine of section five hundred fifty-three of this title, the authority shall not be deemed the agent or instrumentality of any…
N.Y. Public Authorities Law § 553-F Tokens
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§ 553-f. Tokens. Notwithstanding any inconsistent provision of law, but subject to agreements with noteholders and bondholders, the authority shall offer for sale tokens with respect to residents of the county of Richmond and may, except as otherwise provided herein, regulate th…
N.Y. Public Authorities Law § 553-G Fire training
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§ 553-g. Fire training. All persons appointed to the position of bridge and tunnel officer and maintenance division employees of the Triborough bridge and tunnel authority on or after the effective date of this section shall participate in a training course of at least twenty-ei…
N.Y. Public Authorities Law § 553-H Tokens
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§ 553-h. Tokens. Notwithstanding any inconsistent provision of law, but subject to agreements with noteholders and bondholders, the authority shall offer for sale tokens and may, except as otherwise provided herein, regulate the use thereof. Such tokens shall entitle the purchas…
N.Y. Public Authorities Law § 553-I Marine Parkway Bridge; tokens
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§ 553-i. Marine Parkway Bridge; tokens. Notwithstanding any inconsistent provision of law, but subject to agreements with noteholders and bondholders, the authority shall offer for sale tokens and may, except as otherwise provided herein, regulate the use thereof. Such tokens sh…
N.Y. Public Authorities Law § 553-J Metropolitan transportation authority capital lockbox fund
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§ 553-j. Metropolitan transportation authority capital lockbox fund. 1. The authority shall establish a fund to be known as the metropolitan transportation authority capital lockbox fund which shall be kept separate from and shall not be commingled with any other monies of the a…
N.Y. Public Authorities Law § 553-K Traffic mobility review board
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§ 553-k. Traffic mobility review board. 1. The authority's board shall establish the "traffic mobility review" board (board), which shall consist of a chair and five members, that shall be made up of regional representation, one of whom shall be recommended by the mayor of the c…
N.Y. Public Authorities Law § 554 Transfer of officers and employees
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§ 554. Transfer of officers and employees. 1. Officers and employees of any board or department in or of the city may be transferred to the authority, and shall be eligible for such transfer and appointment without examination to offices and positions under the authority. Notwit…
N.Y. Public Authorities Law § 555 Selection of site
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§ 555. Selection of site. Notwithstanding any provisions of any other statute, the authority in conjunction with the commissioner of parks of the city or his successor, the commissioner of parks and recreation, and with the approval of the board of estimate of such city and with…
N.Y. Public Authorities Law § 556 Acquisition of lands by the city for the project
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§ 556. Acquisition of lands by the city for the project. The city shall have power to acquire by purchase, or by condemnation in the manner provided by chapter twenty-one of the Greater New York charter, title in the name of the city to any lands, easements, or rights in land no…
N.Y. Public Authorities Law § 557 Grant of land by the city to the authority
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§ 557. Grant of land by the city to the authority. The city shall have power and authority by resolution of the board of estimate of the city to assign to the authority, without consideration, any land owned by the city on the seventh day of April, nineteen hundred thirty-three,…
N.Y. Public Authorities Law § 557-A Lands, easements and rights in land
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§ 557-a. Lands, easements and rights in land. 1. Lands in fee simple, easements and rights in land, including the right to cut off light, air and access (any and all of which are in this section referred to as "lands") shall after January first, nineteen hundred forty be acquire…
N.Y. Public Authorities Law § 558 Consent of state
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§ 558. Consent of state. 1. The state of New York does hereby agree (a) to the use by the authority, so long as its corporate existence shall continue, of any lands necessary or convenient for the project in which the state has any right, title or interest situate, lying or bein…
N.Y. Public Authorities Law § 559 Construction contracts
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§ 559. Construction contracts. The authority shall do all construction pursuant to a contract or contracts in the manner, so far as practicable, provided in the charter of the city for contracts of such city except that where the estimated expense of a contract does not exceed t…
N.Y. Public Authorities Law § 560 Moneys of the authority
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§ 560. Moneys of the authority. All moneys of the authority from whatever source derived shall be deposited as soon as practicable in banks or trust companies to be designated by the authority. All deposits of such moneys shall, if required by the authority, be secured by obliga…
N.Y. Public Authorities Law § 561 Bonds of the authority
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§ 561. Bonds of the authority. 1. The authority shall have the power and is hereby authorized from time to time to issue its negotiable bonds in conformity with applicable provisions of the uniform commercial code for any corporate purpose or power. The authority shall have powe…
N.Y. Public Authorities Law § 562 Redemption of bonds
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§ 562. Redemption of bonds. Notwithstanding and in addition to any provisions for the redemption of bonds which may be contained in any contract with the holders of the bonds, either the state of New York or the city may, upon furnishing sufficient funds therefor, require the au…
N.Y. Public Authorities Law § 563 Agreement of the state
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§ 563. Agreement of the state. 1. The state of New York does pledge to and agree with (a) the holders of the bonds that the state will not limit or alter the rights hereby vested in the authority to maintain, reconstruct and operate the project, to establish and collect such cha…
N.Y. Public Authorities Law § 564 State and city not liable on bonds
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§ 564. State and city not liable on bonds. The bonds and other obligations of the authority shall not be a debt of the state of New York or city, and neither the state nor the city shall be liable thereon, nor shall they be payable out of any funds other than those of the author…
N.Y. Public Authorities Law § 565 Bonds legal investments for fiduciaries
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§ 565. Bonds legal investments for fiduciaries. The bonds are hereby made securities in which all public officers and bodies of this state and all municipalities and municipal subdivisions, all insurance companies and associations and other persons carrying on an insurance busin…
N.Y. Public Authorities Law § 566 Exemptions from taxation
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§ 566. Exemptions from taxation. It is hereby found, determined and declared that the creation of the authority and the carrying out of its corporate purposes is in all respects for the benefit of the people of the state of New York, for the improvement of their health, welfare …
N.Y. Public Authorities Law § 566-A Tax contract by the state
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§ 566-a. Tax contract by the state. 1. It is hereby found, determined and declared that the authority and the carrying out of its corporate purposes is in all respects for the benefit of the people of the state of New York, for the improvement of their health, welfare and prospe…
N.Y. Public Authorities Law § 567 Remedies of bondholders
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§ 567. Remedies of bondholders. 1. In the event that the authority shall default in the payment of principal of or interest on any issue of the bonds after the same shall become due, whether at maturity or upon call for redemption, and such default shall continue for a period of…
N.Y. Public Authorities Law § 568 Continuity of jurisdiction
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§ 568. Continuity of jurisdiction. The authority shall be deemed and held to constitute a continuation, as to matters within its jurisdiction, of the department of plant and structures of the city for the purpose of succession to all such of the rights, powers, duties and obliga…
N.Y. Public Authorities Law § 569 Protection of prior bondholders
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§ 569. Protection of prior bondholders. Nothing in this title contained shall be deemed in any way to limit or alter the rights vested in the authority to establish and collect such charges and tolls as may be convenient or necessary to produce sufficient revenue to meet the exp…
N.Y. Public Authorities Law § 569-A Actions against the authority
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§ 569-a. 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 or death, the complaint shall contain an allegation that at least thirty days have el…
N.Y. Public Authorities Law § 569-B Restrictions on signs and billboards
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§ 569-b. Restrictions on signs and billboards. 1. No outdoor advertising sign or device which refers to any subject other than the business actually conducted on the premises or to sale or rental of such premises and no such outdoor advertising sign or device exceeding ten feet …
N.Y. Public Authorities Law § 569-C Transfer and receipt of surplus funds
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§ 569-c. Transfer and receipt of surplus funds. Notwithstanding any provision of this title or any other provision of law, general, special or local, the authority shall, at the direction of the metropolitan transportation authority, from time to time transfer and pay over all o…
N.Y. Public Authorities Law § 569-D Protection of bondholders
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§ 569-d. Protection of bondholders. Nothing in this title contained shall be deemed to limit or alter in any way the rights and obligations of the authority to establish and collect such tolls, fees, rentals and other charges as may be necessary or required to produce sufficient…
N.Y. Public Authorities Law § 570 Title not affected if in part unconstitutional or ineffective
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§ 570. 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 is not unconstitutional or ineffective it shall be valid and effective a…
N.Y. Public Authorities Law § 571 Inconsistent provisions in other acts superseded
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§ 571. 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, or of any local law of the city, the provisions of this title shall be controlling.
N.Y. Public Authorities Law § 575 Short title
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§ 575. Short title. This title may be cited as the "Thousand Islands Bridge Authority Act."
N.Y. Public Authorities Law § 576 Definitions
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§ 576. 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 corporation created by section five hundred seventy-seven of this chapter; 2. The term "supervisors" shall mean the Jeffe…
N.Y. Public Authorities Law § 577 Thousand Islands Bridge Authority
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§ 577. Thousand Islands Bridge Authority. 1. A board to be known as "Thousand Islands Bridge Authority" is hereby created. Such board shall be a body corporate and politic constituting a public benefit corporation. It shall consist of five members who shall be appointed by the c…
N.Y. Public Authorities Law § 578 Powers of the authority
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§ 578. Powers of the authority. The authority shall have power and is hereby authorized: 1. To sue and be sued in courts of general jurisdiction, whether federal, state, or foreign, including but not limited to the supreme court of the state of New York; 2. To have a seal and al…
N.Y. Public Authorities Law § 579 Transfer of real property to and by the authority
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§ 579. Transfer of real property to and by the authority. 1. Title to any real property which has heretofore been or may hereafter be acquired by or for the authority, whether with the proceeds of bonds issued pursuant to this title or otherwise, shall be vested in the authority…
N.Y. Public Authorities Law § 580 Moneys of the authority
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§ 580. Moneys of the authority. Subject to the provisions of any agreement with the holders of any bonds or notes of the authority which may provide otherwise, and except as otherwise provided or authorized herein, all moneys of the authority from whatever source derived shall b…
N.Y. Public Authorities Law § 581 Bonds and notes of the authority
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§ 581. Bonds and notes of the authority. 1. The authority shall have the power and is hereby authorized from time to time to issue its negotiable bonds and notes in conformity with applicable provisions of the uniform commercial code in such amount as may be necessary to pay the…
N.Y. Public Authorities Law § 582 Agreement of the state
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§ 582. Agreement of the state. The state does pledge to and agree with the holders of any bonds that the state will not authorize the construction of any causeway, bridge, tunnel, road, highway or other connection for vehicular traffic, which will be competitive with the bridges…
N.Y. Public Authorities Law § 583 State and county not liable on bonds or notes
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§ 583. State and county not liable on bonds or notes. The bonds, notes, and other obligations of the authority shall not be a legal or moral debt of the state, nor a legal debt of the county, and neither the state nor the county shall be liable thereon, nor shall the same be pay…
N.Y. Public Authorities Law § 584 Bonds as legal investments
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§ 584. Bonds as legal investments. The bonds are hereby made securities in which all public officers and bodies of this state and all municipalities and municipal subdivisions, all insurance companies and associations and other persons carrying on an insurance business, all bank…
N.Y. Public Authorities Law § 585 Bonds and notes to be tax exempt
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§ 585. Bonds and notes to be tax exempt. 1. It is hereby determined that the creation of the authority and the carrying out of its corporate purposes is a public purpose, and the authority shall be regarded as performing a governmental function in the exercise of the powers conf…