reglab/housing_qa huggingface dataset:
NY Pub Auth L § 2799-A (2021)
2021 New York Laws PBA - Public Authorities Article 8 - Miscellaneous Authorities Title 32 - Albany County Airport Authority 2799-A - Separability.

§  2799-a.  Separability. If any clause, sentence, paragraph, section,   or part of this title shall  be  adjudged  by  any  court  of  competent   jurisdiction  to  be  invalid, such judgment shall not affect, impair or   invalidate the remainder thereof, but shall be confined in its operation   to the clause, sentence, paragraph, section, or part thereof involved in   the controversy in which such judgment shall have been rendered.
NY Pub Auth L § 2799-B (2021)
2021 New York Laws PBA - Public Authorities Article 8 - Miscellaneous Authorities Title 32 - Albany County Airport Authority 2799-B - Effect of Inconsistent Provisions.

§  2799-b.  Effect  of  inconsistent  provisions.  In  so  far  as the   provisions of this title are inconsistent with  the  provisions  of  any   other  act,  general  or  special, or of the county charter or any local   law,  charter,  ordinance  or  resolution  of  the  county  or   another   municipality, the provisions of this title shall be controlling. Nothing   contained  in  this  section  shall  be  held to supplement or otherwise   expand the powers or duties of the authority otherwise set forth in this   title. Except as  specifically  provided  for  in  this  title,  in  the   performance  of  any  of its functions, powers and duties, the authority   shall be subject to all applicable general or special laws of the state,   the county charter, and any local law, ordinance or  resolution  of  the   county.
NY Pub Auth L § 2799-AA (2021)
2021 New York Laws PBA - Public Authorities Article 8 - Miscellaneous Authorities Title 33 - New York City Transitional Finance Authority 2799-AA - Short Title.

§ 2799-aa. Short title.  This title shall be known and may be cited as   the "New York City Transitional Finance Authority Act".
NY Pub Auth L § 2799-BB (2021)
2021 New York Laws PBA - Public Authorities Article 8 - Miscellaneous Authorities Title 33 - New York City Transitional Finance Authority 2799-BB - Definitions.

§  2799-bb.  Definitions.  For  the purposes of this title, unless the   context otherwise requires:1. "Alternative revenues" means (i) sales and compensating  use  taxes   that  the  city  is  authorized  by  the  state to impose and (ii) taxes   imposed pursuant to section eleven hundred seven of the tax law.2. "Authority" or "New York city transitional finance authority" means   the public benefit corporation created by this title.3. "Bonds" means bonds, notes and  other  evidences  of  indebtedness,   issued by the authority.4.  "Capital  financing need" means a period during which and only the   extent to which the issuance of bonds  in  accordance  with  this  title   would  assist the city in meeting its capital needs as determined by the   mayor pursuant to section twenty-seven hundred  ninety-nine-ff  of  this   title.5. "City" means the city of New York.6. "Comptroller" means the comptroller of the city.7. "Council" means the council of the city.8.   "Director  of  management  and  budget"  means  the  director  of   management and budget of the city.9. "Mayor" means the mayor of the city.10. "Project capital costs" or "costs" means  costs,  appropriated  in   the  capital budget of the city pursuant to chapters nine and ten of the   New York city charter, as amended from time to time, providing  for  the   construction,  reconstruction,  acquisition  or installation of physical   public betterments or improvements, or  the  costs  of  any  preliminary   studies,  surveys,  maps,  plans,  estimates and hearings, or incidental   costs, including, but not limited to, legal fees, printing or engraving,   publication of notices, taking of title,  apportionment  of  costs,  and   interest  during  construction,  or  any  underwriting  or  other  costs   incurred in connection with the financing thereof.11. "Public corporation" means and includes the city,  the  state  and   every public corporation as defined in the general construction law.12.  "Revenues"  means  the  tax  revenues  and  all aid, rents, fees,   charges, payments and other income and receipts paid or payable  to  the   authority or a trustee for the account of the authority.13.  "Speaker"  means  the speaker of the council, elected pursuant to   the rules of the council.14. "State" means the state of New York.15. "Tax revenues" means the taxes paid or payable  to  the  authority   pursuant  to  section  thirteen hundred thirteen of the tax law and such   other revenues as the authority may derive directly from the state  from   taxes imposed by the city or the state and collected by the state.
NY Pub Auth L § 2799-CC (2021)
2021 New York Laws PBA - Public Authorities Article 8 - Miscellaneous Authorities Title 33 - New York City Transitional Finance Authority 2799-CC - New York City Transitional Finance Authority.

§  2799-cc. New York city transitional finance authority.  1. There is   hereby created the New York city  transitional  finance  authority.  The   authority shall be a corporate governmental agency constituting a public   benefit corporation and an instrumentality of the state.2.  In accordance with the provisions of this title, the authority may   only  finance  costs,  including  the  refunding  of bonds issued by the   authority to finance costs, and fund reserves to secure such bonds.3.  The authority shall continue until all its liabilities  have  been   met  or  otherwise  discharged. Upon the termination of the existence of   the authority, all of its rights and  property  shall  pass  to  and  be   vested in the city.
NY Pub Auth L § 2799-DD (2021)
2021 New York Laws PBA - Public Authorities Article 8 - Miscellaneous Authorities Title 33 - New York City Transitional Finance Authority 2799-DD - Administration of the Authority.

§  2799-dd. Administration of the authority. 1. The authority shall be   administered by five directors, consisting of the director of management   and budget, the commissioner of finance of the city, the commissioner of   the department of design and construction of the city,  the  comptroller   and the speaker of the council.2. The director of management and budget shall serve as chairperson of   the  authority.  The  chairperson  or his or her alternate shall preside   over all meetings of the directors and shall have such other  duties  as   may be fixed by the directors.3.  Notwithstanding any inconsistent provision of any general, special   or local law, ordinance, resolution or charter, no  officer,  member  or   employee  of  the  state of New York, any city, county, town or village,   any governmental entity operating any  public  school  or  college,  any   school  district  or  any  other  public agency or instrumentality which   exercises governmental powers under the laws of the state, shall forfeit   his or her office or employment by reason of his or  her  acceptance  of   appointment  as  a  director,  officer or employee of the authority, nor   shall service as such director, officer or employee of the authority  be   deemed incompatible or in conflict with such office or employment.4.  Three  directors  shall constitute a quorum for the transaction of   any business or the exercise of any power of the  authority.  No  action   shall  be  taken by the authority except pursuant to a favorable vote of   at least three directors present at a meeting at which  such  action  is   taken.  Any director may, by written instrument, filed with and approved   as to form by the authority, designate an  alternate  or  alternates  to   perform,  in  the  absence of such director, his or her duties unde this   title. The term "director" as used in  this  title  shall  include  such   alternates, except that no alternate may designate an alternate pursuant   to  this subdivision. The designation of such alternates shall be deemed   temporary only and shall not affect  the  civil  service  or  retirement   rights of any persons so designated.5.  The  authority  shall appoint a treasurer and may appoint officers   and agents as it may require and prescribe their duties.
NY Pub Auth L § 2799-EE (2021)
2021 New York Laws PBA - Public Authorities Article 8 - Miscellaneous Authorities Title 33 - New York City Transitional Finance Authority 2799-EE - General Powers of the Authority.

§  2799-ee.  General  powers  of  the authority.   Except as otherwise   limited by this title, the authority shall have the following powers  in   addition  to  those specially conferred elsewhere in this title, subject   only to agreements with bondholders:1. to sue and be sued;2. to have a seal and alter the same at pleasure;3. to make and alter by-laws for its organization and management  and,   subject  to agreements with its bondholders, to make and alter rules and   regulations governing the exercise of its powers and fulfillment of  its   purposes under this title;4.  to  make  and  execute  contracts  and  all  other  instruments or   agreements necessary or convenient to carry out any powers and functions   expressly given in this title;5. to commence any action to protect or enforce  any  right  conferred   upon it by any law, contract or other agreement;6.  to  borrow  money  and  issue bonds, or to refund the same, and to   provide for the rights of the holders of its obligations;7. to accept  gifts,  grants,  loans  or  contributions  of  funds  or   financial  or  other  aid  in  any  form from the city, state or federal   government or any agency or instrumentality thereof, or from  any  other   source  and  for  any  of  its corporate purposes in accordance with the   provisions of this title;8. to invest any funds held in reserves or sinking funds, or any funds   not required for immediate use or disbursement, at the discretion of the   authority, in obligations which may,  from  time  to  time,  be  legally   purchased  by  the  city  pursuant  to  section  eleven  of  the general   municipal law;9. to pledge all or any part of  its  revenues  as  security  for  the   payment  of the principal of and interest on any bonds so issued and any   agreements made in connection therewith;10. to appoint such officers and employees as it may require  for  the   performance of its duties and to fix and determine their qualifications,   duties, and compensation, subject to the provisions of the civil service   law, the rules of the civil service commission of the city, the New York   city  collective  bargaining  law  and  applicable collective bargaining   agreements, and to  retain  or  employ  counsel,  auditors  and  private   financial  consultants  on  a  contract basis or otherwise for rendering   professional or technical services and advice;11. to do any and all things necessary or convenient to carry out  its   purposes  and  exercise  the  powers expressly given and granted in this   title provided, however, such authority  shall  under  no  circumstances   acquire,   hold  or  transfer  title  to,  lease,  own  beneficially  or   otherwise, manage, operate or otherwise exercise control over  any  real   property, any improvement to real property or any interest therein other   than  a  lease  of  office  space  deemed  necessary or desirable by the   authority.
NY Pub Auth L § 2799-II (2021)
2021 New York Laws PBA - Public Authorities Article 8 - Miscellaneous Authorities Title 33 - New York City Transitional Finance Authority 2799-II - Agreement With the State.

§  2799-ii. Agreement with the state. The state does hereby pledge and   agree with the holders of any issue of bonds  and/or  bond  anticipation   notes  secured  by  such a pledge that the state will not limit or alter   the rights hereby vested in the authority to fulfill the  terms  of  any   agreements  made with such holders pursuant to this title, or in any way   impair the rights and remedies of such holders or the security for  such   bonds  and/or  bond  anticipation  notes  until  such  bonds and/or bond   anticipation notes, together with the interest thereon and all costs and   expenses in connection with any action or proceeding by or on behalf  of   such  holders,  are fully paid and discharged. Nothing contained in this   section shall be deemed to restrict the right of  the  state  to  amend,   modify,  repeal  or otherwise alter statutes imposing or relating to the   taxes payable to the authority  pursuant  to  section  thirteen  hundred   thirteen  of the tax law, but such taxes shall in all events continue to   be so payable so long as any such  taxes  are  imposed.  Not  less  than   thirty  days  prior  to  the  beginning  of  each  city fiscal year, the   chairperson of the authority shall certify to the state comptroller, the   governor, and the members of the board of directors of the  authority  a   schedule  of  maximum  annual debt service payments due on the bonds and   notes of the corporation then outstanding. To the extent  that  the  tax   revenues  payable  to  the  authority  under  section  thirteen  hundred   thirteen of the tax law during such fiscal year  are  projected  by  the   mayor  to  be insufficient to meet at least one hundred fifty percent of   maximum annual debt service on authority  bonds  then  outstanding,  the   mayor  shall  so  notify the state comptroller and the state comptroller   shall pay to the authority from alternative revenues such amount  as  is   necessary  to  provide at least one hundred fifty percent of the maximum   annual debt  service;  provided,  however,  that  for  so  long  as  any   indebtedness of the municipal assistance corporation for the city of New   York  remains  outstanding  no  alternative revenues that are, as of the   effective date of this title, or may in the future be,  required  to  be   deposited in the municipal assistance tax fund established under section   ninety-two-d  of  the  state  finance law shall be paid to the authority   except out of funds that are otherwise required to be paid to  the  city   under  such  section  of  the state finance law. Nothing in this section   shall be deemed to obligate the state to make any additional payments or   impose any  taxes  to  satisfy  the  debt  service  obligations  of  the   authority.
NY Pub Auth L § 2799-JJ (2021)
2021 New York Laws PBA - Public Authorities Article 8 - Miscellaneous Authorities Title 33 - New York City Transitional Finance Authority 2799-JJ - Agreement With the City.

§  2799-jj. Agreement with the city.  The city is authorized to pledge   and  agree  with  the  holders  of  any  issue  of  bonds  and/or   bond   anticipation notes secured by such a pledge that the city will not limit   or  alter the rights hereby vested in the authority to fulfill the terms   of any agreements made with such holders pursuant to this title,  or  in   any  way  impair the rights and remedies of such holders or the security   for such bonds and/or bond anticipation notes until  such  bonds  and/or   bond  anticipation  notes,  together  with  the interest thereon and all   costs and expenses in connection with any action or proceeding by or  on   behalf  of  such  holders,  are  fully  paid  and  discharged.   Nothing   contained in this section shall be deemed to restrict any right the city   may have to amend, modify or otherwise  alter  local  laws  imposing  or   relating  to  the  taxes  payable  to  the authority pursuant to section   thirteen hundred thirteen of the tax law so long as, after giving effect   to such amendment, modification or other alteration, the amount  of  tax   revenues  projected by the mayor to be available to the authority during   each of its fiscal years following the effective date of such amendment,   modification or other alteration shall be  not  less  than  one  hundred   fifty  percent  of  maximum  annual debt service on authority bonds then   outstanding.
NY Pub Auth L § 2799-KK (2021)
2021 New York Laws PBA - Public Authorities Article 8 - Miscellaneous Authorities Title 33 - New York City Transitional Finance Authority 2799-KK - Bonds Legal for Investment and Deposit.

§  2799-kk.  Bonds legal for investment and deposit.  The bonds of the   authority are hereby made securities in which all  public  officers  and   bodies  of  the  state  and  all public corporations, municipalities and   municipal subdivisions, all insurance  companies  and  associations  and   other  persons  carrying  on  an insurance business, all banks, bankers,   trust  companies,  savings  banks  and  savings  associations  including   savings   and   loan   associations,  building  and  loan  associations,   investment companies and other persons carrying on a  banking  business,   all  administrators,  conservators,  guardians,  executors, trustees and   other fiduciaries, and all other persons whatsoever who are now  or  may   hereafter  be  authorized  to invest in bonds or in other obligations of   the state, may properly and legally invest funds, including capital,  in   their  control  or  belonging  to  them.  The bonds are also hereby made   securities which may be deposited with and may be received by all public   officers and bodies of the  state  and  all  municipalities  and  public   corporations  for  any  purpose  for which the deposit of bonds or other   obligations of the state is now or may hereafter be authorized.
NY Pub Auth L § 2799-LL (2021)
2021 New York Laws PBA - Public Authorities Article 8 - Miscellaneous Authorities Title 33 - New York City Transitional Finance Authority 2799-LL - Tax Exemption and Tax Contract by the State.

§  2799-ll.  Tax  exemption  and  tax  contract by the state. 1. It is   hereby determined 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 and is a  public  purpose.  Accordingly,   the  authority shall be regarded as performing an essential governmental   function in the exercise of the powers conferred upon it by this  title,   and  the authority shall not be required to pay any fees, taxes, special   ad valorem levies or assessments of any kind, including, but not limited   to, franchise taxes, sales taxes or other taxes, upon or with respect to   any  property  owned  by  it  or  under  its  jurisdiction,  control  or   supervision,  or  upon  the uses thereof, or upon or with respect to its   activities or operations in furtherance of the powers conferred upon  it   by  this  title,  or  upon or with respect to any fares, tolls, rentals,   rates,  charges,  fees,  revenues  or  other  income  received  by   the   authority.2.  Any  bonds  issued pursuant to this title together with the income   therefrom shall at all times be exempt from taxation.3. The state  hereby  covenants  with  the  purchasers  and  with  all   subsequent  holders  and  transferees  of  bonds issued by the authority   pursuant to this title,  in  consideration  of  the  acceptance  of  and   payment  for  the bonds, that the bonds of the authority issued pursuant   to this title and the income therefrom and  all  revenues,  monies,  and   other  property  pledged  to  pay or to secure the payment of such bonds   shall at all times be free from taxation.
NY Pub Auth L § 2799-NN (2021)
2021 New York Laws PBA - Public Authorities Article 8 - Miscellaneous Authorities Title 33 - New York City Transitional Finance Authority 2799-NN - Audit.

§  2799-nn. Audit.   The accounts of the authority shall be subject to   the supervision and audit of the comptroller and the state  comptroller.   In  addition, the authority shall be subject to an annual management and   financial  audit  performed  by  an  independent  certified   accountant   selected  by  the  authority.  Such  audited  report,  together with the   audited financial statements of the authority, shall be submitted to the   mayor, the speaker of the city council, the comptroller, the director of   management and budget, the New York state financial control  board,  the   governor,  the  state comptroller, the chair and ranking minority member   of the senate finance committee  and  the  chair  and  ranking  minority   member of the assembly ways and means committee.
NY Pub Auth L § 2799-OO (2021)
2021 New York Laws PBA - Public Authorities Article 8 - Miscellaneous Authorities Title 33 - New York City Transitional Finance Authority 2799-OO - Remedies of Bondholders.

§  2799-oo.  Remedies  of  bondholders.  Subject  to any resolution or resolutions adopted pursuant to paragraph  (g)  of  subdivision  six  of section twenty-seven hundred ninety-nine-gg of this title:   1.  In  the  event  that the authority shall default in the payment of principal of or interest on any issue of  bonds  after  the  same  shall become  due,  whether  at maturity or upon call for redemption, and such default shall continue for a period of thirty days, or in the event that the authority shall fail or refuse to comply with the provisions of this title or shall default in any agreement made with  the  holders  of  any issue  of  bonds,  the  holders  of  twenty-five  percent  in  aggregate principal amount of  the  bonds  of  such  issue  then  outstanding,  by instrument  or  instruments filed in the office of the clerk of the city and proved or acknowledged in the same manner as a deed to be  recorded, may  appoint  a  trustee  to represent the holders of such bonds for the purpose provided in this section.   2. Such trustee may, and  upon  written  request  of  the  holders  of twenty-five  per  centum  in  principal amount of such bonds outstanding shall, in his or her or its own name:  (a) by action or proceeding in accordance with the civil practice  law and  rules,  enforce  all  rights  of  the  bondholders  and require the authority to carry out any other agreements with  the  holders  of  such bonds and to perform its duties under this title;  (b) bring an action or proceeding upon such bonds;  (c) by action or proceeding, require the authority to account as if it were the trustee of an express trust for the holders of such bonds;  (d)  by  action  or proceeding, enjoin any acts or things which may be unlawful or in violation of the rights of the holders of such bonds; and  (e) declare all such bonds due and payable, and if all defaults  shall be  made  good,  then with the consent of the holders of twenty-five per centum of the principal amount of such  bonds  then  outstanding,  annul such declaration and its consequences.   3.  Such  trustee shall, in addition to the provisions of subdivisions one and two of  this  section,  have  and  possess  all  of  the  powers necessary  or appropriate for the exercise of any functions specifically set forth in this section or incident to the general  representation  of bondholders in the enforcement and protection of their rights.   4.  The  supreme  court  shall  have  jurisdiction  of  any  action or proceeding by the trustee on behalf of such bondholders.  The  venue  of any such action or proceeding shall be laid in the county of New York.   5.  Before  declaring  the  principal  of  bonds  due and payable, the trustee  shall  first  give  thirty  days'  notice  in  writing  to  the authority.