reglab/statecodes huggingface dataset:
2023 New York Laws › PBA - Public Authorities › Article 4 - Market Authorities › Title 5 - Long Island Market Authority › 913 - Actions Against Authority.

§  913. Actions against authority. 1. Except in an action for wrongful
  death, no action or special proceeding shall be prosecuted or maintained
  against the authority, its members, officers or employees  for  personal
  injury  or  damage  to  real  or  personal property alleged to have been
  sustained by reason of the negligence,  tort  or  wrongful  act  of  the
  authority  or  of any member, officer, agent or employee thereof, unless
  (a) notice of claim shall have been made and served upon  the  authority
  within  the  time limit set by and in compliance with section fifty-e of
  the general municipal law, (b) it shall appear by and as  an  allegation
  in the complaint or moving papers that at least thirty days have elapsed
  since  the service of such notice and that adjustment or payment thereof
  has been neglected or refused, (c)  the  action  or  special  proceeding
  shall  be  commenced within one year and ninety days after the happening
  of the event upon which the claim is based, and (d) an  action,  against
  the  authority  for wrongful death shall be commenced in accordance with
  the notice of claim and time limitation provisions of  title  eleven  of
  article nine of this chapter.
2.  Whenever  a notice of claim is served upon the authority, it shall
  have the right to demand an examination of the claimant relative to  the
  occurrence  and  extent  of  the  injuries or damages for which claim is
  made, in accordance with  the  provisions  of  section  fifty-h  of  the
  general municipal law.
3.  The  authority  shall have power to settle or adjust all claims in
  favor of or against the authority.
4. Any action or proceeding to which the authority or  the  people  of
  the  state  may  be  parties,  in  which  any  question arises as to the
  validity of this title, shall be preferred over all other  civil  causes
  of  action  or  cases, except election causes of action or cases, in all
  courts of the state and shall be heard and determined in  preference  to
  all  other  civil  business  pending  therein  except  election  causes,
  irrespective of position on the calendar. The same performance shall  be
  granted  upon  application of the authority or its counsel in any action
  or proceeding questioning the  validity  of  this  title  in  which  the
  authority  may  be allowed to intervene. The venue of any such action or
  proceeding shall be in the supreme court of the county of Suffolk.
5. The rate of interest to be paid by the authority upon any  judgment
  for which it is liable, other than a judgment on its bonds, shall be the
  rate  prescribed by section five thousand four of the civil practice law
  and rules. Interest on payments of principal or interests on  any  bonds
  in  default  shall  accrue  at the rate borne by such bonds from the due
  date thereof until paid or otherwise satisfied.
6. All actions or proceedings against the authority of whatever nature
  shall be brought in the county.
2023 New York Laws › PBA - Public Authorities › Article 4 - Market Authorities › Title 5 - Long Island Market Authority › 914 - Audit and Annual Reports.

§  914. Audit and annual reports. In conformity with the provisions of
  section five of article ten of the constitution,  the  accounts  of  the
  authority  shall  be subject to the supervision of the state comptroller
  and an annual audit shall  be  performed  by  an  independent  certified
  public  accountant.  The  authority  shall annually submit to the county
  legislature, county executive, governor and the state comptroller and to
  the chairperson of the senate finance committee and the  chairperson  of
  the  assembly ways and means committee a detailed report pursuant to the
  provisions of section twenty-eight hundred of this chapter, and  a  copy
  of  such  report shall be filed with the clerk of the county legislature
  and the county executive.
2023 New York Laws › PBA - Public Authorities › Article 4 - Market Authorities › Title 5 - Long Island Market Authority › 915 - Defense and Indemnification.

§  915.  Defense  and indemnification. The authority shall not execute
  any of its  powers,  except  as  necessary  to  commence  its  corporate
  existence,  until  it  has  elected  to  make  the  provision of section
  eighteen of the public officers law applicable to its employees (as such
  term is defined in section eighteen of the public officers law) pursuant
  to subdivision two of such  section;  provided,  however,  that  nothing
  contained within this section shall be deemed to permit the authority to
  extend  the  provisions  of  section eighteen of the public officers law
  upon any independent contractor.
2023 New York Laws › PBA - Public Authorities › Article 4 - Market Authorities › Title 5 - Long Island Market Authority › 916 - Contracts.

§  916. Contracts. All contracts for the construction, reconstruction,
  rehabilitation and improvement of projects authorized pursuant  to  this
  title  shall be subject to article eight of the labor law and shall also
  be subject to the provisions of  law  applicable  to  county  contracts,
  except as otherwise provided herein.
2023 New York Laws › PBA - Public Authorities › Article 4 - Market Authorities › Title 5 - Long Island Market Authority › 919 - Separability.

§  919.  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.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1 - Power Authority of the State of New York › 1001-A - Emergency Provisions for the Metropolitan Area of the City of New York.

§  1001-a.  Emergency provisions for the metropolitan area of the city
  of  New  York.  The  legislature  hereby   finds   and   declares   that
  extraordinary  circumstances,  including  excessive  costs, shortages of
  supply, and the inflated price of fuel threaten the capacity to  provide
  utility  service  essential  to the continued safety, health, prosperity
  and well-being of the people of the metropolitan area of the city of New
  York and, by  reason  of  the  interconnection  and  interdependence  of
  electric  facilities,  the  reliability  of  such service throughout the
  state and require emergency action by the state and its agencies. It  is
  therefore declared that:
1.  To  preserve  reliability  of electric service in the metropolitan
  area of the city of New York and throughout the state and to  assist  in
  deterring  further extraordinary increases in rates for electric service
  the authority should provide such supplemental electricity for such  use
  in  the  metropolitan area of the city of New York as is consistent with
  continuing and maintaining the exemption of interest on authority  bonds
  from  the  income tax imposed by the Internal Revenue Code of the United
  States and regulations and ruling thereunder.
2. It is essential that such electricity be provided at  the  earliest
  practicable time.
3.  The  authority  should  be  authorized  to  acquire  completed  or
  partially completed generation, transmission and related facilities  and
  fuel and fuel contracts.
4.  Any  cost  savings  realized  in  the  production  or  delivery of
  electricity by reason of any such acquisition by the authority shall  be
  passed on to consumers.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1 - Power Authority of the State of New York › 1002 - Power Authority of the State of New York.

§  1002.  Power Authority of the State of New York. 1. For the purpose
  of effectuating the policy declared in section one thousand one of  this
  chapter there is hereby created a corporate municipal instrumentality of
  the  state to be known as "Power Authority of the State of New York", in
  this title referred to  as  "the  authority",  which  shall  be  a  body
  corporate  and politic, a political subdivision of the state, exercising
  governmental and public powers, perpetual in duration, capable of  suing
  and  being  sued, and having a seal, and which shall have the powers and
  duties  hereinafter  enumerated,  together  with  such  others  as   may
  hereafter be conferred upon it by law.
2.  It  shall report annually to the governor and the legislature upon
  its operations and transactions. Such annual  report  shall  incorporate
  the  requirements  of section two thousand five hundred of this chapter,
  shall identify the authority by its statutory name, and include a letter
  of transmittal in the report to the governor and  the  legislature.  The
  annual  report shall also include, but not be limited to, the following:
  (a) the amount of power and energy produced by  each  project  facility;
  (b)  the  amount of energy transferred between each project facility for
  use within the authority's system; (c) the amount of energy  transferred
  between  each  project facility for sale outside the authority's system;
  (d)  the  kilowatt-hour  sales  by  project  facility  and  by  customer
  including  all intrastate sales to investor-owned electric corporations,
  municipal electric systems and  rural  electric  cooperatives,  and  all
  sales  on  a  temporary  (i.e.,  eighteen months or less) basis; (e) the
  revenues and costs as  allocated  by  the  authority  for  each  project
  facility;  (f)  the  busbar price or prices for power and energy sold to
  each customer of  the  authority;  (g)  the  accumulated  provision  for
  depreciation  for  each  project  facility;  and (h) basic financial and
  operating information specifically detailed for the reporting  year  and
  including  but  not  limited  to  income and expense statements, balance
  sheets, and changes  in  financial  position,  all  in  accordance  with
  generally  accepted  accounting principles, debt structure and a summary
  of funds on  a  cash  basis.  The  requirement  to  provide  information
  pursuant  to  this subdivision is not intended to affect the authority's
  responsibilities or obligations under  this  title  or  under  any  rate
  covenant  or any pledge of revenues outstanding as of the effective date
  of the chapter of the laws of nineteen hundred eighty-four  which  added
  this sentence to this subdivision.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1 - Power Authority of the State of New York › 1003 - Trustees.

§  1003. Trustees. The authority shall consist of seven trustees, five
  of whom shall serve respectively for terms of one, two, three, four  and
  five  years, to be appointed by the governor, by and with the advice and
  consent of the senate. The sixth and seventh trustees shall be appointed
  by the governor, by and with the advice and consent of the  senate,  and
  shall  serve  initial  terms  of  one  and  two years respectively. Each
  trustee shall hold office until  a  successor  has  been  appointed  and
  qualified.  At  the  expiration  of the term of each trustee and of each
  succeeding trustee the governor  shall,  by  and  with  the  advice  and
  consent  of the senate, appoint a successor, who shall hold office for a
  term of five  years,  or  until  a  successor  has  been  appointed  and
  qualified.  In  the  event  of  a vacancy occurring in the office of the
  trustee by death, resignation or otherwise, the governor shall,  by  and
  with  the  advice  and  consent  of the senate, appoint a successor, who
  shall hold office for the unexpired term. Four trustees shall constitute
  a quorum for the purpose of organizing the authority and conducting  the
  business thereof.
The  trustee  chosen  as  chairman as provided in section one thousand
  four of this title, shall receive an annual salary which shall be set by
  the trustees of the authority, and which shall  not  exceed  the  salary
  prescribed  for the positions listed in paragraph (f) of subdivision one
  of section one hundred sixty-nine  of  the  executive  law.  Each  other
  trustee  shall  not receive a salary or other compensation. Each trustee
  shall receive his or her reasonable expenses in the performance  of  his
  or  her  duties  hereunder.  The trustee chosen as chairman may elect to
  become a member of the New York state and  local  employees'  retirement
  system  on  the  basis  of such compensation to which he or she shall be
  entitled as  herein  provided  notwithstanding  the  provisions  of  any
  general, special or local law, municipal charter, or ordinance.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1 - Power Authority of the State of New York › 1004 - Officers and Employees; Expenses.

§  1004.  Officers  and employees; expenses. The trustees shall choose
  from among their own number a chairman  and  vice-chairman.  They  shall
  select  such officers and employees, including a chief executive officer
  whose appointment shall be subject to  confirmation  by  the  senate  in
  accordance  with section twenty-eight hundred fifty-two of this chapter,
  and such engineering, marketing and legal  officers  and  employees,  as
  they may require for the performance of their duties and shall prescribe
  the  duties  and  compensation  of each officer and employee. They shall
  adopt by-laws and rules and regulations suitable to the purposes of this
  title. As long as and to the extent that the authority is dependent upon
  appropriations for the payment  of  its  expenses,  it  shall  incur  no
  obligations  for salary, office or other expenses prior to the making of
  appropriations adequate to meet the same.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1 - Power Authority of the State of New York › 1005-A - Actions or Contracts Involving Certain Nuclear Power Plants.

§ 1005-a. Actions or contracts involving certain nuclear power plants.
Whenever  the  authority  undertakes  or executes any action or contract
involving the closure, maintenance, decommissioning or conversion of any
nuclear power plant constructed by a utility corporation which  has  not
entered  commercial  operation,  the authority shall, in order to ensure
that neither the authority nor its customers shall bear any of the costs
associated  therewith,  provide  for  the  full   recovery   from   such
corporation, its successors or assigns of:
(a)  all  direct  and  indirect  costs  and  expenses  incurred by the
authority in connection with such actions or contracts;
(b) all direct  and  indirect  costs  incurred  by  the  authority  in
connection  with  damages to third parties resulting from any actions of
the authority in connection with such actions  or  contracts;  provided,
however, that the authority shall not be indemnified against damages for
gross negligence or willful misconduct; and
(c)  all  damages  incurred  by  the authority in connection with such
actions or  contracts  other  than  damages  resulting  from  its  gross
negligence or willful misconduct.
In  no  event shall the authority recover any costs or damages related
to such actions or contracts from any of its customers other  than  such
corporation its successors or assigns.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1 - Power Authority of the State of New York › 1005-C - Additional Powers of the Authority to Finance Certain Projects in Connection With the New York State Canal System.

§  1005-c.  Additional  powers  of  the  authority  to finance certain
projects in connection with the New York state canal system. 1. (a)  The
authority  is  hereby  authorized,  as  an  additional corporate purpose
thereof, to issue its bonds, notes and other evidences  of  indebtedness
in  conformity with applicable provisions of the uniform commercial code
for purposes of financing the construction, reconstruction,  development
and improvement of the New York state canal system.
(b)  The  authority shall issue any such bonds, notes, or evidences of
indebtedness pursuant to paragraph (a) of this subdivision  on  a  basis
subordinate  in  lien  and priority of payment to the authority's senior
lien indebtedness as the authority shall provide by resolution.
2. All of the provisions of this title relating to  bonds,  notes  and
other  evidence  of  indebtedness,  which are not inconsistent with this
section,  shall  apply  to  obligations  authorized  by  this   section,
including  but  not  limited  to  the  power  to  issue renewal notes or
refunding bonds thereof.
3.  Subject  to  agreements  with  noteholders  or  bondholders,   the
authority shall have the authority to fix and collect such fees, rentals
and  charges  for  the  use  of  the  canal  system  or any part thereof
necessary or convenient, with an adequate margin of safety,  to  produce
sufficient  revenue to meet the expense of maintenance and operation and
to fulfill the terms of any agreements made  with  the  holders  of  its
notes  or bonds, and to establish the rights and privileges granted upon
payment thereof; provided, however, that tolls may only be  imposed  for
the  passage  through  locks  and  lift  bridges  by  vessels  which are
propelled in whole or in part by mechanical power.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1 - Power Authority of the State of New York › 1006 - Power to Compel Attendance of Witnesses.

§  1006.  Power to compel attendance of witnesses.  For the purpose of
  exercising its  powers  and  performing  its  duties  hereunder  and  of
  securing  such  information  as  it  may  deem  necessary hereunder, the
  authority shall have the power to compel the attendance of witnesses and
  the production  of  documents.  The  power  hereby  conferred  upon  the
  authority  may  be exercised by any one or more of the trustees if he or
  they are authorized so to act on behalf of the authority  by  resolution
  or  by  law.  A subpoena issued under this section shall be regulated by
  the civil practice law and rules.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1 - Power Authority of the State of New York › 1008 - Consent of State.

§ 1008. Consent of state. The state of New York hereby consents to the
  occupation and use by the authority of any and all property of the state
  of  whatever  kind  or  character  on  the  Niagara  river or within the
  international rapids section of the Saint  Lawrence  river,  and  hereby
  vests  the  authority with and delegates to it the right to exercise any
  and every right and power of the state in connection therewith,  whether
  proprietary  or  sovereign  in  character,  which the state itself might
  exercise, provided that such consent and delegation of power  shall  not
  permit  the impairment or limit or prevent the future improvement of the
  navigability of the Niagara river or the international rapids section of
  the Saint Lawrence  river,  consistent  with  the  maintenance  of  such
  projects, but on the contrary the projects shall be such as will improve
  and  benefit  commerce  and navigation therein and provided further that
  the authority shall have no power to limit, waive or surrender any right
  or interest of the state of New York in such rivers or the use thereof.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1 - Power Authority of the State of New York › 1009 - Contracts Negotiated by Authority.

§ 1009. Contracts negotiated by authority. Contracts negotiated by the
  authority  as  provided  in  sub-paragraph  five  or  six of section one
  thousand five of this title  shall  be  entered  into  and  executed  as
  follows:
1.  After  agreement  upon  the terms of any such contracts shall have
  been reached by the  authority  and  its  co-party  or  co-parties,  the
  authority  shall  promptly  transmit a copy of such proposed contract to
  the governor, the speaker of the assembly, the minority  leader  of  the
  assembly,  the chairman of the assembly committee on ways and means, the
  temporary president of the senate and the minority leader of the  senate
  and the chairman of the senate finance committee and shall hold a public
  hearing or hearings upon the terms thereof. At least thirty days' notice
  of  such  hearing shall be given by publication once in each week during
  such period in each of six newspapers within the state to be selected by
  the authority. Copies of  proposed  contracts  shall  be  available  for
  public  inspection  during  such  period of thirty days at the office or
  offices of the authority and at such other places throughout  the  state
  as it may designate.
2.  Following  such public hearing, the authority shall reconsider the
  terms of the proposed contract or contracts  and  shall  negotiate  such
  changes  and modifications in the contract or contracts as it then deems
  necessary or advisable.
3. When such contract or contracts are finally agreed  upon  in  terms
  satisfactory  to the authority and its co-party or co-parties, and which
  the authority believes to be in the public interest, the authority shall
  thereupon report the proposed contract or contracts, together  with  its
  recommendations  and  the  record of the public hearings thereon, to the
  speaker of the assembly, the chairman of the assembly committee on  ways
  and  means,  the  temporary president of the senate, the chairman of the
  senate finance committee and the governor. The  governor  shall,  within
  sixty  days thereafter, indicate his approval or disapproval thereof and
  give his reasons therefor.
4. If the governor shall approve such contract, then the same shall be
  executed by the chairman and secretary of the  authority  and  it  shall
  thereupon  come  into  full  force  and  effect  and be binding upon the
  authority and all other parties thereto in accordance with its terms.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1 - Power Authority of the State of New York › 1009-A - Notes of the Authority.

§  1009-a.  Notes of the authority. The authority shall have the power
  and is hereby authorized from time to time to issue its negotiable notes
  in conformity with applicable provisions of the uniform commercial  code
  for  any  corporate purpose and renew from time to time any notes by the
  issuance of new notes, whether the notes to be renewed have or have  not
  matured.  The  authority  may  issue  notes  partly to renew notes or to
  discharge other obligations then outstanding and partly  for  any  other
  purpose.  The  notes  may be authorized, sold, executed and delivered in
  the same manner as bonds.  Any  resolution  or  resolutions  authorizing
  notes  of  the authority or any issue thereof may contain any provisions
  which the authority is  authorized  to  include  in  any  resolution  or
  resolutions authorizing bonds of the authority or any issue thereof, and
  the  authority  may  include  in  any  notes  any  terms,  covenants  or
  conditions which it is authorized to include in any bonds.    All  notes
  shall  be general obligations of the authority payable out of any of its
  moneys or revenues, subject  only  to  any  contractual  rights  of  the
  holders of any of its notes or other obligations then outstanding.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1 - Power Authority of the State of New York › 1010-A - Deposit and Investment of Moneys of the Authority.

§  1010-a.  Deposit  and  investment  of  moneys of the authority. All
  moneys of the authority from whatever source derived shall  be  paid  to
  the  comptroller as agent of the authority, who shall not commingle such
  moneys with any other moneys.  Such  moneys  shall  be  deposited  in  a
  separate  bank account or accounts. The moneys in such accounts shall be
  paid out on check of the comptroller on requisition of the  chairman  of
  the  authority or of such other person as the authority may authorize to
  make such requisition. All deposits of such moneys shall, if required by
  the comptroller or the authority,  be  secured  by  obligations  of  the
  United States or of the state of New York of a market value equal at all
  times to the amount of the deposit and all banks and trust companies are
  authorized  to give such security for such deposits. The comptroller and
  his  legally  authorized  representatives  are  hereby  authorized   and
  empowered  from  time  to  time to examine the accounts and books of the
  authority, including its  receipts,  disbursements,  contracts,  leases,
  sinking  funds,  investments  and  any  other  matters  relating  to its
  financial standing.
Notwithstanding the provisions of this section,  the  authority  shall
  have power, subject to the approval of the comptroller, to contract with
  the  holders of any of its notes or bonds as to the custody, collection,
  securing, investment and payment of any moneys of the authority, or  any
  moneys  held  in trust or otherwise for the payment of notes or bonds or
  in any way to secure notes or bonds, and to carry out any such contract.
  Moneys held in trust or otherwise for the payment of notes or  bonds  or
  in  any  way to secure notes or bonds and deposits of such moneys may be
  secured in the same manner as moneys of the authority, and all banks and
  trust companies are authorized to give such security for such deposits.
Moneys of the authority not required for immediate  use  may,  in  the
  discretion   of  the  authority,  be  invested  by  the  comptroller  in
  obligations of the United States government or of the state of New York.
Subject  to  agreements  with  noteholders  and  bondholders  and  the
  approval  of  the comptroller, the authority shall prescribe a system of
  accounts.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1 - Power Authority of the State of New York › 1011 - Agreement of the State.

§  1011.  Agreement of the state. 1. The state of New York does hereby
  pledge to and agree with the holders of  any  obligations  issued  under
  this title, and with those parties who may enter into contracts with the
  authority  pursuant  to  the  provisions in sub-paragraph five or six of
  section one thousand five above, that the state will not limit or  alter
  the  rights  hereby  vested  in  the  authority  until  such obligations
  together with the interest thereon are fully met and  discharged  and/or
  such  contracts  are  fully  performed  on  the  part  of the authority,
  provided that nothing herein contained shall preclude such limitation or
  alteration if and when adequate provision shall be made by law  for  the
  protection  of the holders of such obligations of the authority or those
  entering into such contracts with the authority. The authority as  agent
  for  the  state is authorized to include this pledge and undertaking for
  the state in such obligations or contracts.
2. Nothing  in  this  title  shall  be  construed  as  diminishing  or
  enlarging  any valid existing rights under any license heretofore issued
  pursuant to the provisions of the federal power act.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1 - Power Authority of the State of New York › 1012 - Exemption From Taxation.

§  1012. Exemption from taxation. It is hereby found and declared that
  the projects authorized by this title are for the aid and improvement of
  commerce and navigation and that such aid and  improvement  of  commerce
  and  navigation  and  the development, sale and distribution of power is
  primarily for the benefit of the people of the state of  New  York,  for
  the improvement of their health and welfare and material prosperity, and
  is a public purpose, and the authority shall be regarded as performing a
  governmental  function  in undertaking such projects and in carrying out
  the provisions of this title, and shall be required to pay no  taxes  or
  assessments upon any of the property acquired by it for such projects or
  upon  its  activities in the operation and maintenance thereof, provided
  that nothing herein shall  prevent  the  authority  from  entering  into
  agreements  to  make  payments in lieu of taxes with respect to property
  acquired for any project where such payments are  based  solely  on  the
  value  of real property without regard to any improvement thereof by the
  authority and where no bonds to pay  any  costs  of  such  project  were
  issued prior to January first, nineteen hundred seventy-two.
The  securities  and  other obligations issued by the authority, their
  transfer and the income therefrom shall, at  all  times,  be  free  from
  taxation  within  this state. It is furthermore declared that the object
  and purpose of this title is that such projects shall be in all respects
  self-supporting.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1 - Power Authority of the State of New York › 1013 - Repayment of State Appropriations.

§  1013. Repayment of state appropriations. All appropriations made by
  the state to the authority shall be treated as advances by the state  to
  the  authority, and shall be repaid to it without interest either out of
  the proceeds of securities, or other obligations issued by the authority
  for the construction of any project pursuant to the provisions  of  this
  title,  or  by  the  delivery of non-interest bearing obligations of the
  authority to the state for all or any part of such advances, or  out  of
  excess revenues from such project subject however to any pledges of such
  revenues made pursuant to any resolution or resolutions of the authority
  authorizing the issuance of obligations of the authority issued prior to
  nineteen hundred and sixty.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1 - Power Authority of the State of New York › 1015 - Title Not Affected if in Part Unconstitutional or Ineffective.

§ 1015. Title not affected if in part unconstitutional or ineffective.
  If   any   term   or   provision   of   this  title  shall  be  declared
  unconstitutional or ineffective in whole  or  in  part  by  a  court  of
  competent   jurisdiction,   then   to   the   extent   that  it  is  not
  unconstitutional or ineffective such term or provision shall be enforced
  and effectuated, nor shall such determination be  deemed  to  invalidate
  the remaining terms or provisions hereof.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1 - Power Authority of the State of New York › 1017 - Actions Against Authority.

§  1017. Actions against authority. 1. In any action founded upon tort
  a notice of claim shall be required as  a  condition  precedent  to  the
  commencement of an action or special proceeding against the authority or
  any officer, appointee, agent or employee thereof, and the provisions of
  section  fifty-e of the general municipal law shall govern the giving of
  such notice. Except in an action for wrongful death, an  action  against
  the  authority for damages for injuries to real or personal property, or
  for the destruction thereof, or for personal injuries, alleged  to  have
  been  sustained,  shall  not  be commenced more than one year and ninety
  days after the cause of action therefor shall have accrued.
2. An action  against  the  authority  for  wrongful  death  shall  be
  commenced  in  accordance  with  the notice of claim and time limitation
  provisions of title eleven of article nine of this chapter.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1-A - Long Island Power Authority › 1020-C - Long Island Power Authority; Creation.

* §  1020-c. Long Island power authority; creation. 1. For the purpose
  of effectuating the policy declared in section one thousand twenty-a  of
  this   title,   there   is   hereby   created   a   corporate  municipal
  instrumentality of the state to be  known  as  the  "Long  Island  power
  authority",  which shall be a body corporate and politic and a political
  subdivision of the state, exercising essential governmental  and  public
  powers.
2. The area of operations of the authority shall be the service area.
3. The authority is not created or organized, and its operations shall
  not  be  conducted,  for  the purpose of making a profit. No part of the
  revenues or assets of the authority shall inure to the benefit of or  be
  distributable  to its trustees or officers or any other private persons,
  except as herein provided for actual services rendered.
* NB There are 2 § 1020-c's
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1-A - Long Island Power Authority › 1020-D - Board of Trustees.

* §  1020-d.  Board  of  trustees.  1.  Starting on January first, two
  thousand fourteen, the board of the authority shall be  constituted  and
  consist  of  nine trustees all of whom shall be residents of the service
  area, five of whom shall be appointed by the governor, one of  whom  the
  governor shall designate as chair, and serve at his or her pleasure, two
  of whom shall be appointed by the temporary president of the senate, and
  two  of  whom  shall be appointed by the speaker of the assembly. One of
  the governor's appointees shall serve an initial term of two years;  one
  of the governor's appointees shall serve an initial term of three years;
  and  three  of  the governor's appointees shall serve an initial term of
  four years. One of the appointees of  the  temporary  president  of  the
  senate  and  one  of the appointees of the speaker of the assembly shall
  serve initial terms of two years; and one  appointee  of  the  temporary
  president of the senate and one appointee of the speaker of the assembly
  shall serve initial terms of three years. Thereafter, all terms shall be
  for  a  period of four years. In the event of a vacancy occurring in the
  office of trustee by death, resignation  or  otherwise,  the  respective
  appointing  officer  shall appoint a successor who shall hold office for
  the unexpired portion of the term.
2. No trustee shall receive a salary, but each shall  be  entitled  to
  reimbursement  for  reasonable  expenses  in  the  performance of duties
  assigned hereunder.
3. Notwithstanding the  provisions  of  any  other  law,  no  trustee,
  officer  or  employee  of  the  state,  any state agency or municipality
  appointed a trustee shall be deemed to have forfeited or  shall  forfeit
  his  or her office or employment by reason of his or her acceptance of a
  trusteeship on the authority, his or her service thereon or his  or  her
  employment therewith.
4.  All  trustees  appointed  under  this  section shall have relevant
  utility, corporate board or financial experience.
* NB There are 2 § 1020-d's
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1-A - Long Island Power Authority › 1020-E - Officers and Employees; Expenses.

* §  1020-e.  Officers  and  employees;  expenses.  The  board, or the
  chairman pursuant to authority duly delegated to him, from time to  time
  shall  hire,  without regard to any personnel or civil service law, rule
  or regulation of the state and in accordance with guidelines adopted  by
  the   authority   such  employees  and  consultants,  including  without
  limitation those  in  the  areas  of  engineering,  marketing,  finance,
  appraisal,  accounting and law, as it may require for the performance of
  its duties and shall prescribe  the  duties  and  compensation  of  each
  officer  and employee, provided, however, that if any such employees are
  hired as a consequence of an acquisition of all the stock or  assets  of
  LILCO,  they  shall  be  hired subject and be entitled to all applicable
  provisions of (i) any existing contract or contracts with  labor  unions
  and (ii) all existing pension or other retirement plans. Notwithstanding
  the  provisions  of  any  general,  special  or local law, the board may
  determine that, if any pension or retirement plan  becomes  inapplicable
  or  is  terminated,  all  or  such  class or classes of employees of the
  authority as the board may determine may elect to become members of  the
  New York state employees' retirement system on the basis of compensation
  payable to them by the authority.
* NB There are 2 § 1020-e's
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1-A - Long Island Power Authority › 1020-I - Subsidiaries.

* §  1020-i.  Subsidiaries.  1.  The authority shall have the right to
  exercise and perform all or part of its powers and functions through one
  or more wholly owned subsidiaries by acquiring the voting shares thereof
  or by resolution of the board directing any of its trustees, officers or
  employees to organize a subsidiary corporation pursuant to the  business
  corporation   law,   the   not-for-profit   corporation   law   or   the
  transportation corporations law. Such  resolution  shall  prescribe  the
  purpose for which such subsidiary corporation is to be formed.
2.  The  authority  may  transfer  to  any  subsidiary corporation any
  moneys, property (real, personal or mixed) or  facilities  in  order  to
  carry  out  the purposes of this title. Each such subsidiary corporation
  shall have all the privileges,  immunities,  tax  exemptions  and  other
  exemptions  of the authority to the extent the same are not inconsistent
  with the statute or statutes  pursuant  to  which  such  subsidiary  was
  incorporated  provided,  however,  that in any event any such subsidiary
  corporation shall be  entitled  to  exemptions  from  the  state  public
  service  law  and  any regulation by, or the jurisdiction of, the public
  service commission, and the state environmental quality  review  act  to
  the  extent provided in subdivision two of section one thousand twenty-s
  of this title.
* NB There are 2 § 1020-i's
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1-A - Long Island Power Authority › 1020-J - Notes of the Authority.

* § 1020-j. Notes of the authority. The authority shall have the power
  and is hereby authorized from time to time to issue its negotiable notes
  in  conformity with applicable provisions of the uniform commercial code
  for any corporate purpose and to refund from time to time any  notes  by
  the issuance of new notes, whether the notes to be refunded have or have
  not  matured. The authority may issue notes partly to refund notes or to
  discharge other obligations then outstanding and partly  for  any  other
  corporate  purpose  of the authority. The notes may be authorized, sold,
  executed and delivered in the same manner as bonds.  Any  resolution  or
  resolutions  authorizing notes of the authority or any issue thereof may
  contain any provisions which the authority is authorized to  include  in
  any  resolution or resolutions authorizing bonds of the authority or any
  issue thereof, and the authority may include in  any  notes  any  terms,
  covenants or conditions which it is authorized to include in any bonds.
* NB There are 2 § 1020-j's
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1-A - Long Island Power Authority › 1020-L - State and Municipalities Not Liable on Bonds or Notes.

* § 1020-l. State and municipalities not liable on bonds or notes. The
  bonds,  notes and other obligations of the authority shall not be a debt
  of the state or of any municipality,  and  neither  the  state  nor  any
  municipality  shall  be liable thereon. The authority shall not have the
  power to pledge the credit, the revenues or  the  taxing  power  of  the
  state  or  of any municipality, and neither the credit, the revenues nor
  the taxing power of the state or of any municipality shall be, or  shall
  be  deemed  to  be,  pledged to the payment of any bonds, notes or other
  obligations of the authority.  Each  evidence  of  indebtedness  of  the
  authority, including the bonds and notes of the authority, shall contain
  a clear and explicit statement of the provisions of this section.
* NB There are 2 § 1020-l's
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1-A - Long Island Power Authority › 1020-M - Legal Investments.

* §  1020-m.  Legal  investments.  Any  bonds  or  notes issued by the
  authority are hereby made securities in which all  public  officers  and
  bodies of this state and all municipalities, 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  trusts, estates and guardianships and all other persons whatsoever,
  who are now or may hereafter be authorized to invest in bonds  or  other
  obligations  of  the  state,  may  properly  and  legally  invest funds,
  including capital in their control or belonging to them. The  bonds  and
  notes  are  also  hereby made securities which may be deposited with and
  shall be received by all public officers and bodies of the state and all
  municipalities for any purpose for which the deposit of bonds  or  other
  obligations of the state is now or may hereafter be authorized.
* NB There are 2 § 1020-m's
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1-A - Long Island Power Authority › 1020-N - Deposit and Investment of Moneys of the Authority.

* §  1020-n. Deposit and investment of moneys of the authority. 1. All
  moneys  of  the  authority  from  whatever  source  derived,  except  as
  otherwise  authorized  or  provided  in this title, shall be paid to the
  treasurer of the authority and shall be deposited forthwith in a bank or
  banks designated by the authority. The moneys in such accounts shall  be
  withdrawn  on  the  order of such person or persons as the authority may
  authorize. All deposits of such moneys shall be  secured  in  accordance
  with  section two thousand nine hundred twenty-five of this chapter. The
  state  comptroller  and  his  legally  authorized  representatives   are
  authorized  and  empowered from time to time to examine the accounts and
  books  of  the  authority,  including   its   receipts,   disbursements,
  contracts,  leases, sinking funds, investments and any other records and
  papers relating to its financial standing; the authority  shall  not  be
  required to pay a fee for any such examination.
2.  The  authority shall have power to contract with holders of any of
  its bonds or  notes,  or  any  trustee  therefor,  as  to  the  custody,
  collection,  securing,  investment  and  payment  of  any  moneys of the
  authority and of any moneys held in trust or otherwise for  the  payment
  of  bonds  or  notes, and to carry out any such contract. Moneys held in
  trust or otherwise for the payment of bonds or notes or in  any  way  to
  secure  bonds  or  notes and deposits of such moneys shall be secured in
  accordance with section two thousand nine hundred  twenty-five  of  this
  chapter,  and  all banks and trust companies in the state are authorized
  to give such security for such deposits.
3. Subject to agreements  with  noteholders  and  bondholders  or  any
  trustee  therefor,  the  authority  shall  prescribe a uniform system of
  accounts in accordance with generally accepted accounting principles.
* NB There are 2 § 1020-n's
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1-A - Long Island Power Authority › 1020-O - Agreement of the State.

* §  1020-o.  Agreement  of  the  state. 1. The state of New York does
  hereby pledge to and agree with the holders of  any  obligations  issued
  under  this  title  and  the parties to any contracts with the authority
  hereunder that the state will not  limit  or  alter  the  rights  hereby
  vested  in  the  authority  until  such  obligations  together  with the
  interest thereon are fully met and discharged and/or such contracts  are
  fully  performed  on  the  part  of the authority, provided that nothing
  herein contained shall preclude such limitation  or  alteration  if  and
  when  adequate  provision shall be made by law for the protection of the
  holders of such obligations of the authority,  or  those  entering  into
  such  contracts with the authority. The authority as agent for the state
  is authorized to include this pledge and agreement by the state  in  all
  agreements  with  the  holders  of  such  obligations  and  in  all such
  contracts.
2. Nothing  in  this  title  shall  be  construed  as  diminishing  or
  enlarging  any valid existing rights under any license heretofore issued
  pursuant to the provisions of the federal power act.
* NB There are 2 § 1020-o's
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 1-A - Long Island Power Authority › 1020-P - Exemption From Taxation.

* §  1020-p.  Exemption  from  taxation.  1.  It  is  hereby found and
  declared that the operation  of  the  authority  is  primarily  for  the
  benefit  of  the people of the state of New York, for the improvement of
  their health, welfare and prosperity, and is a public purpose,  and  the
  authority  shall  be  regarded  as  performing an essential governmental
  function in carrying out the provisions of this title.
2. The authority shall be required to pay  no  taxes  nor  assessments
  upon  any  of  the  property  acquired  or  controlled by it or upon its
  activities in the operation  and  maintenance  thereof  or  upon  income
  derived  therefrom,  provided  that  nothing  herein  shall  prevent the
  authority from entering into agreements to  make  payments  in  lieu  of
  taxes  with  the  governing bodies of municipalities, as provided for in
  section one thousand twenty-q of this title.
3. The securities and other obligations issued by the authority, their
  transfer and the income therefrom shall, at  all  times,  be  free  from
  taxation  by  the  state or any municipality, except for estate and gift
  taxes.
* NB There are 2 § 1020-p's