Section 1602-Y. Term of existence of authority.
Notwithstanding any other provision of law, the authority shall have an indefinite term of existence. If the authority is dissolved in accordance with State law after the effective date of this section, the following shall apply:
(1) The Commonwealth shall arrange for the payment or retirement of all bonds, debts and obligations of the authority.
(2) All property, funds and assets of the authority shall be vested in the Commonwealth.
(1602-Y added July 11, 2024, P.L.550, No.54)