NY Pub Auth L § 552 (2021)
2021 New York Laws PBA - Public Authorities Article 3 - Bridge and Tunnel Authorities Title 3 - Triborough Bridge Authority 552 - Triborough Bridge and Tunnel Authority.

§ 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 officio. Those members shall be the persons who  from  time  to  time   shall   hold  the  offices  of  chairman  and  members  of  metropolitan   transportation authority. The  chairman  of  such  board  shall  be  the   chairman  of  metropolitan transportation authority, serving ex officio,   and, provided that there is an executive director  of  the  metropolitan   transportation  authority, the executive director of the authority shall   be the executive director of the metropolitan transportation  authority,   serving  ex  officio.  Notwithstanding  any  provision  of  law  to  the   contrary, the chairman shall be  the  chief  executive  officer  of  the   authority  and  shall  be responsible for the discharge of the executive   and administrative functions and powers of the authority.  The  chairman   and  executive director, if any, each shall be empowered to delegate his   or her functions and powers to the executive officer of  the  Triborough   bridge  and  tunnel  authority  or  to such person as may succeed to the   powers and duties of said executive  officer.  The  chairman  and  other   members of the board hereby created, and the executive director, if any,   shall  not  be entitled to compensation for their services hereunder but   shall be entitled  to  reimbursement  for  their  actual  and  necessary   expenses incurred in the performance of their official duties.2.  A majority of the whole number of members of the authority then in   office shall constitute a quorum for the transaction of any business  or   the  exercise  of  any  power  of  the  authority.  Except  as otherwise   specified in this title for the  transaction  of  any  business  or  the   exercise  of  any  power  of the authority, the authority shall have the   power to act by a majority vote of the members present at any meeting at   which a quorum is in attendance and except further, that in the event of   a tie vote the chairman shall cast one additional vote. For the purposes   of the voting and quorum requirements of this  subdivision,  the  voting   and quorum requirements set forth in subdivision three of section twelve   hundred   sixty-three   of  this  chapter  and  in  any  by-law  of  the   metropolitan transportation authority adopted pursuant to the provisions   of such subdivision shall be  applicable  hereto.  Such  board  and  its   corporate  existence  shall continue only for a period of five years and   thereafter until all its liabilities have been met and its bonds,  notes   and  other  obligations  have  been  paid in full or such liabilities or   bonds, notes  or  other  obligations  have  otherwise  been  discharged,   including  bonds,  notes or other obligations issued by the metropolitan   transportation authority that  are  payable  in  whole  or  in  part  by   revenues  of  the  authority.  When  all  liabilities  incurred  by  the   authority of every kind and character have been met and all  its  bonds,   notes  and  other  obligations  have been paid in full, including bonds,   notes or other obligations issued  by  the  metropolitan  transportation   authority  that  are  payable  in  whole  or  in part by revenues of the   authority, or such liabilities or bonds, notes or other obligations have   otherwise been discharged, all rights and properties  of  the  authority   shall  pass  to  and  be  vested  in  the  city, except those rights and   properties held by it relating to the convention center which shall pass   to and  be  vested  in  the  state.  The  authority  shall  retain  full   jurisdiction and control over all its projects, with the right and duty,   subject  to  the limitations of subdivision nine of section five hundred   fifty-two-a  of  this  title,  to  charge  tolls  and  collect  revenues   therefrom,  for the benefit of the holders of any of its bonds, notes or   other obligations or other liabilities, even if not issued  or  incurred   in  connection  with  the project. Upon the authority's ceasing to exist    all its remaining rights and properties shall pass to the  city,  except   those rights and properties held by it relating to the convention center   which shall pass to the state.3.  Notwithstanding  any  inconsistent provisions of this or any other   law, general, special or local, no officer or employee of the  state  or   of  any  public  corporation  as  defined in the general corporation law   shall be deemed to  have  forfeited  or  shall  forfeit  his  office  or   employment  or  any  benefits  provided  under the retirement and social   security law or under any public retirement  system  maintained  by  the   state  or  any  of  its  subdivisions by reason of being a member or the   chairman of the authority.