reglab/statecodes huggingface dataset:
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-A - New York City Municipal Water Finance Authority › 1045-S - Bonds Legal Investment for Fiduciaries.

§  1045-s.  Bonds  legal  investment for fiduciaries. The bonds of the
  authority are hereby made securities in which all public  officials  and
  bodies  of the 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, investment companies and other
  persons carrying on a banking business, and  administrators,  guardians,
  executors,   trustees  and  other  fiduciaries  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 are also hereby made securities which may be  deposited  with  and
  may  be received by all public officers and bodies of this state and all
  municipalities for any purposes for which the deposit of bonds or  other
  obligations of this state is now or hereafter may be authorized.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-A - New York City Municipal Water Finance Authority › 1045-T - Agreement With the State.

§  1045-t.  Agreement  with the state. The state does hereby pledge to
  and agree with the holders of any bonds issued by the authority pursuant
  to this title that the state will not alter or limit the  rights  hereby
  vested  in  the authority or the water board to fulfill the terms of any
  agreement made with or for the benefit of the holders of  bonds,  or  in
  any  way impair the rights and remedies of bondholders, until the bonds,
  together  with  the  interest  thereon,  with  interest  on  any  unpaid
  installments  of interest, and all costs and expenses in connection with
  any action or proceeding by or on behalf of such holders, are fully  met
  and  discharged.  The authority is authorized to include this pledge and
  agreement of the state in any agreement with bondholders.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-A - New York City Municipal Water Finance Authority › 1045-U - Exemption From Taxes, Assessments and Certain Fees; Payments in Lieu of Taxes.

§ 1045-u. Exemption from taxes, assessments and certain fees; payments
  in  lieu  of  taxes. 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 city and of the state and
  is a public purpose and the authority shall be regarded as performing  a
  governmental function in the exercise of the powers conferred upon it by
  this  title  and  shall  not  be  required  to pay any taxes, special ad
  valorem levies or special assessments upon any real property owned by it
  or any filing, recording or  transfer  fees  or  taxes  in  relation  to
  instruments  filed,  recorded or transferred by it or on its behalf. The
  authority shall be deemed a public authority for the purposes of section
  four hundred twelve of the real property tax law.
2. Notwithstanding any provision in this section to the contrary,  the
  authority may pay, or may enter into agreements with any municipality to
  pay,  a  sum  or  sums,  annually  or  otherwise,  or  to  provide other
  considerations to such municipality with respect to real property  owned
  by the authority located within such municipality.
3.  Any  bonds  issued pursuant to this title together with the income
  therefrom shall be exempt from taxation except for transfer  and  estate
  taxes. The revenues, moneys and all other property and activities of the
  authority  shall  be  exempt  from  all  taxes  and governmental fees or
  charges, whether imposed by the state  or  any  municipality,  including
  without  limitation  real  estate taxes, franchise taxes, sales taxes or
  other excise taxes. 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 shall be free from  such
  taxation,  as  aforestated  herein,  and  that all revenues, moneys, and
  other property pledged to secure the payment of such bonds shall at  all
  times be free from such taxes as aforestated herein.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-A - New York City Municipal Water Finance Authority › 1045-V - Actions Against Authority and Water Board.

§  1045-v.  Actions against authority and water board. 1. Except in an
  action for wrongful death, no action or proceeding shall  be  prosecuted
  or  maintained  against  the  authority  or the water board for personal
  injury or damage to real or  personal  property  alleged  to  have  been
  sustained  by  reason of the negligence or wrongful act of the authority
  or the board or of any  member,  officer,  agent  or  employee  thereof,
  unless  (i)  a  notice of claim shall have been made and served upon the
  authority or the water board, as the case may be, within the time  limit
  by  and in compliance with section fifty-e of the general municipal law,
  (ii) 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,  and  (iii)  the action or proceeding shall be commenced within
  one year after the happening of the event upon which the claim is based.
  An action against the authority or water board 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. Wherever a notice of claim is served  upon  the  authority  or  the
  water  board,  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 or the water board may require any person  presenting
  for  settlement  an  account or claim for any cause whatever against the
  authority or the water board, as the case may be, to be sworn  before  a
  member,  counsel  or an attorney, officer or employee thereof designated
  for such purpose, concerning such account or claim and when so sworn, to
  answer orally as to any facts relative to such  account  or  claim.  The
  authority  or  the  water board shall have power to settle or adjust all
  claims in favor of or against the authority or the water board,  as  the
  case may be.
4. The rate of interest to be paid by the authority or the water board
  upon  any judgment for which it is liable, other than a judgment against
  the authority on bonds,  shall  not  exceed  the  rate  of  interest  on
  judgments  and accrued claims against municipal corporations as provided
  in the general municipal law from time to time. Interest on payments  of
  principal  or  interest on any bonds in default shall accrue at the rate
  borne by such bonds from the due date thereof until  paid  or  otherwise
  satisfied.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-A - New York City Municipal Water Finance Authority › 1045-W - Interest in Contracts Prohibited.

§  1045-w. Interest in contracts prohibited. It shall be a misdemeanor
  for any member or  any  officer,  agent,  servant  or  employee  of  the
  authority  or  of the water board to be in any way or manner interested,
  directly or indirectly in the furnishing of work, materials, supplies or
  labor, or in any contract therefor which the authority or the board,  as
  the case may be, is empowered by this title to make.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-A - New York City Municipal Water Finance Authority › 1045-Y - Audit and Annual Report.

§  1045-y.  Audit and annual report. The accounts of the authority and
  the water board  shall  be  subject  to  the  supervision  of  the  city
  comptroller.  The authority and the water board shall annually submit to
  the mayor, the comptroller and the director of management and  budget  a
  detailed  report. In addition, an annual audit of the authority shall be
  conducted by an independent certified public  accountant.  Such  audited
  report shall be submitted to the mayor, the comptroller and the director
  of management and budget.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-A - New York City Municipal Water Finance Authority › 1045-Z - Limited Liability.

§  1045-z. Limited liability. Neither the members of the authority nor
  of the water board, nor any officer or employee of the authority nor the
  water board acting in behalf thereof, while acting within the  scope  of
  his  authority, shall be subject to any liability resulting from (i) the
  construction,  ownership,  maintenance  or  operation  of  any   project
  financed  with  the  assistance of the authority, (ii) the construction,
  ownership, maintenance or operation of any sewerage system  or  facility
  or  water system or facility owned by the water board, or (iii) carrying
  out any of the powers expressly given in this title. A director, officer
  or employee of the authority shall  be  deemed  an  "employee"  for  the
  purposes  of  section  fifty-k  of  the general municipal law, provided,
  however that any director,  either  appointed  by  the  governor  or  an
  employee  of the state shall be deemed an "employee" for the purposes of
  section eighteen of the public officers law for any actions relating  to
  their activities as a director of the authority created by this title.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-A - New York City Municipal Water Finance Authority › 1045-AA - Separability Clause.

§ 1045-aa. Separability clause. If any section, clause or provision in
  this  title shall be held by a competent court to be unconstitutional or
  ineffective in  whole  or  in  part,  to  the  extent  that  it  is  not
  unconstitutional or ineffective, it shall be valid and effective, and no
  other  section,  clause  or provision shall on account thereof be deemed
  invalid or ineffective.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-A - New York City Municipal Water Finance Authority › 1045-BB - Effect of Inconsistent Provisions.

§   1045-bb.   Effect  of  inconsistent  provisions.  Insofar  as  the
  provisions of this title are inconsistent with  the  provisions  of  any
  other law, general, special or local or of the city charter or any local
  law,  ordinance  or resolution of the city, the provisions of this title
  shall be controlling, provided that 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.  Nothing  contained  in
  this  title  shall  be held to alter or abridge the powers and duties of
  the  state  department  of  environmental  conservation  or  the   state
  department of health.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-A* - New York City Water Board › 1046 - New York City Water Board.

§  1046. New York city water board. For the benefit of the city of New
  York and the inhabitants thereof, a water board, to be known as the  New
  York  city  water board, is hereby established for the accomplishment of
  any or all of the purposes specified in this title. It  shall  have  the
  powers  and duties now or hereafter conferred by this title upon a water
  board. It shall be organized in a manner prescribed by and be subject to
  the provisions of this title.  The  board,  its  members,  officers  and
  employees  and  its  operations  and activities shall in all respects be
  governed by the provisions of this title.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-B - Buffalo Municipal Water Finance Authority › 1048-E - Approval of Water Projects.

§  1048-e.  Approval  of water projects. The authority shall not enter
  into any contract or agreement with the city or  the  water  board  with
  respect  to  the  financing of any water project pursuant to section one
  thousand forty-eight-i of this title, unless the state  commissioner  of
  environmental  conservation  and  the state commissioner of health shall
  have completed all statutory reviews and approvals with respect to  such
  project  required  by  law  to  be  completed  prior to the date of such
  contract or agreement. Nothing herein shall be construed to diminish the
  full authority and responsibility of each department of  the  state  for
  statutory reviews and approvals.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-B - Buffalo Municipal Water Finance Authority › 1048-K - Tax Exemption of the Water Board Property and Activities.

§  1048-k.  Tax  exemption of the water board property and activities.
  1. It is hereby determined that the creation of a water  board  and  the
  carrying  out  of  its  corporate  purposes  is  in all respects for the
  benefit of the city and is a public purpose and the water board shall be
  regarded as performing a governmental function in the  exercise  of  the
  powers  conferred upon it by this title and shall not be required to pay
  any taxes, special ad valorem levies or  special  assessments  upon  any
  real  property  owned by it or any filing, recording or transfer fees or
  taxes in relation to instruments filed, recorded or transferred by it or
  on its behalf. The water board shall be deemed a  public  authority  for
  the  purposes  of  section  four hundred twelve of the real property tax
  law.
2. Notwithstanding the provisions of subdivisions one and four of this
  section, any real property  of  the  water  board  located  outside  the
  boundaries  of  the  city,  shall  be  exempt from the payment of taxes,
  special ad valorem levies and special assessments only  if  and  to  the
  extent  that  such  real property would have been exempt if owned by the
  city.
3. Notwithstanding any provision in this section to the contrary,  the
  water  board may pay, or may enter into agreements with any municipality
  to pay, a sum or sums,  annually  or  otherwise,  or  to  provide  other
  considerations  to  such  municipality, with respect to real property of
  the water board located within such municipality and provided  that  any
  such  payment  or  agreement  to pay shall be subject to approval by the
  authority.
4. The water board shall not be required to pay  any  taxes  or  other
  governmental  fees  or  charges,  whether  imposed  by  the state or any
  municipality, including without limitation franchise taxes, sales  taxes
  or  other  excise taxes, or any other tax or charge upon its property or
  activities or upon any of its revenues or other income.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-B - Buffalo Municipal Water Finance Authority › 1048-L - Pledge Effective Without Filing or Recording.

§  1048-l. Pledge effective without filing or recording. Any provision
  of the uniform commercial code  to  the  contrary  notwithstanding,  any
  pledge  of  or  other  security  interest  in revenues or other personal
  property made or created by the authority, the water board or  the  city
  pursuant to this title shall be valid, binding and perfected against all
  parties having claims of any kind in tort, contract or otherwise against
  the  authority,  the  water  board  or  the  city,  as  the case may be,
  irrespective of whether or not such  parties  have  notice  thereof.  No
  instrument  by which such pledge or security interest is created nor any
  financing statement need be recorded or filed.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-B - Buffalo Municipal Water Finance Authority › 1048-M - Governmental Capacity of the Authority, the Water Board and the City.

§  1048-m. Governmental capacity of the authority, the water board and
  the city. The authority, the water board and the city  in  carrying  out
  their  respective powers and duties under this title, shall be deemed to
  be acting in a governmental  capacity  and  in  the  performance  of  an
  essential governmental function.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-B - Buffalo Municipal Water Finance Authority › 1048-N - Transfer of Officers and Employees to and From City and State Agencies.

§  1048-n.  Transfer  of  officers  and employees to and from city and
  state agencies. Officers and employees of city and state agencies may be
  transferred to the authority and officers and employees of the authority
  may be transferred  to  appropriate  city  and  state  agencies  without
  examination  and  without loss of any civil service or retirement status
  or rights. Transfers shall be in accordance with section seventy of  the
  civil  service  law  or the rules of the civil service commission of the
  city, as the case may be. No such transfer shall be made except with the
  approval of the head of the agency involved or the director of the state
  division of the budget or the director of the budget of the city, as the
  case may be, and the chairman of the authority and  in  compliance  with
  the rules and regulations of the civil service commission of the city or
  the state, as the case may be.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-B - Buffalo Municipal Water Finance Authority › 1048-P - Remedies of Bondholders.

§  1048-p.  Remedies  of  bondholders.  Subject  to  any resolution or
resolutions adopted pursuant to paragraph (i)  of  subdivision  four  of
section one thousand forty-eight-o 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 herein provided.
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 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 foregoing have and possess
all of the powers necessary or  appropriate  for  the  exercise  of  any
functions  specifically  set  forth  herein  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 Erie.
5. Before declaring the  principal  of  bonds  due  and  payable,  the
trustee  shall  first  give  thirty  days'  notice  in  writing  to  the
authority.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-B - Buffalo Municipal Water Finance Authority › 1048-Q - State, City and Water Board Not Liable on Authority Bonds.

§  1048-q.  State, city and water board not liable on authority bonds.
  Neither the state, nor the city, nor the water board nor any subdivision
  thereof shall be liable on the bonds of the  authority  and  such  bonds
  shall not be a debt of the state, the city or such water board.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-B - Buffalo Municipal Water Finance Authority › 1048-R - Moneys of the Authority.

§  1048-r.  Moneys  of the authority. All moneys of the authority from
  whatever source derived shall be paid to the treasurer of the  authority
  and  shall  be  deposited  forthwith  in  a  bank  or banks in the state
  designated by the authority. The moneys in such accounts shall  be  paid
  out  on  check  of the treasurer upon requisition by the chairman of the
  authority or of such other officer or  officers  as  the  authority  may
  authorize  to  make such requisitions. All deposits of such moneys shall
  be secured by obligations of or guaranteed by the United States,  or  of
  the  state  or  of  the city of a market value equal at all times to the
  amount on deposit and all banks and trust companies  are  authorized  to
  give  such  security  for such deposits. The authority shall have power,
  notwithstanding the provisions of this section,  to  contract  with  the
  holders of any bonds as to the custody, collection, security, investment
  and  payment  of any moneys of the authority or any moneys held in trust
  or otherwise for the payment of bonds or in any  way  to  secure  bonds.
  Moneys held in trust or otherwise for the payment of bonds or in any way
  to  secure  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.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-B - Buffalo Municipal Water Finance Authority › 1048-S - Bonds Legal Investment for Fiduciaries.

§  1048-s.  Bonds  legal  investment for fiduciaries. The bonds of the
  authority are hereby made securities in which all public  officials  and
  bodies  of the 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, investment companies and other
  persons carrying on a banking business, and  administrators,  guardians,
  executors,   trustees  and  other  fiduciaries  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
  are  also  hereby made securities which may be deposited with and may be
  received by all public  officers  and  bodies  of  this  state  and  all
  municipalities  for any purposes for which the deposit of bonds or other
  obligations of this state is now or hereafter may be authorized.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-B - Buffalo Municipal Water Finance Authority › 1048-T - Agreement With the State.

§  1048-t.  Agreement  with the state. The state does hereby pledge to
  and agree with the holders of any bonds issued by the authority pursuant
  to this title that the state will not alter or limit the  rights  hereby
  vested  in  the authority or the water board to fulfill the terms of any
  agreement made with or for the benefit of the holders of  bonds,  or  in
  any  way impair the rights and remedies of bondholders, until the bonds,
  together  with  the  interest  thereon,  with  interest  on  any  unpaid
  installments  of interest, and all costs and expenses in connection with
  any action or proceeding by or on behalf of such holders, are fully  met
  and  discharged.  The authority is authorized to include this pledge and
  agreement of the state in any agreement with bondholders.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-B - Buffalo Municipal Water Finance Authority › 1048-U - Exemption From Taxes, Assessments and Certain Fees; Payments in Lieu of Taxes.

§ 1048-u. Exemption from taxes, assessments and certain fees; payments
  in  lieu  of  taxes. 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 city and of the state and
  is a public purpose and the authority shall be regarded as performing  a
  governmental function in the exercise of the powers conferred upon it by
  this  title  and  shall  not  be  required  to pay any taxes, special ad
  valorem levies or special assessments upon any real property owned by it
  or any filing, recording or  transfer  fees  or  taxes  in  relation  to
  instruments  filed,  recorded or transferred by it or on its behalf. The
  authority shall be deemed a public authority for the purposes of section
  four hundred twelve of the real property tax law.
2. Notwithstanding any provision in this section to the contrary,  the
  authority may pay, or may enter into agreements with any municipality to
  pay,  a  sum  or  sums,  annually  or  otherwise,  or  to  provide other
  considerations to such municipality with respect to real property  owned
  by the authority located within such municipality.
3.  Any  bonds  issued pursuant to this title together with the income
  therefrom shall be exempt from taxation except for transfer  and  estate
  taxes. The revenues, moneys and all other property and activities of the
  authority  shall  be  exempt  from  all  taxes  and governmental fees or
  charges, whether imposed by the state  or  any  municipality,  including
  without  limitation  real  estate taxes, franchise taxes, sales taxes or
  other excise taxes. 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 shall be free from  such
  taxation,  as  aforestated  herein,  and  that all revenues, moneys, and
  other property pledged to secure the payment of such bonds shall at  all
  times be free from such taxes as aforestated herein.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-B - Buffalo Municipal Water Finance Authority › 1048-V - Actions Against Authority and Water Board.

§  1048-v.  Actions against authority and water board. 1. Except in an
  action for wrongful death, no action or proceeding shall  be  prosecuted
  or  maintained  against  the  authority  or the water board for personal
  injury or damage to real or  personal  property  alleged  to  have  been
  sustained  by  reason of the negligence or wrongful act of the authority
  or the board or of any  member,  officer,  agent  or  employee  thereof,
  unless  (i)  a  notice of claim shall have been made and served upon the
  authority or the water board, as the case may be, within the time  limit
  by  and in compliance with section fifty-e of the general municipal law,
  (ii) 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,  and  (iii)  the action or proceeding shall be commenced within
  one year and ninety days after the happening of the event upon which the
  claim is based. An action against  the  authority  or  water  board  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. Wherever a notice of claim is served  upon  the  authority  or  the
  water  board,  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 or the water board may require any person  presenting
  for  settlement  an  account or claim for any cause whatever against the
  authority or the water board, as the case may be, to be sworn  before  a
  member,  counsel  or an attorney, officer or employee thereof designated
  for such purpose, concerning such account or claim and when so sworn, to
  answer orally as to any facts relative to such  account  or  claim.  The
  authority  or  the  water board shall have power to settle or adjust all
  claims in favor of or against the authority or the water board,  as  the
  case may be.
4. The rate of interest to be paid by the authority or the water board
  upon  any judgment for which it is liable, other than a judgment against
  the authority on bonds,  shall  not  exceed  the  rate  of  interest  on
  judgments  and accrued claims against municipal corporations as provided
  in the general municipal law from time to time. Interest on payments  of
  principal  or  interest on any bonds in default shall accrue at the rate
  borne by such bonds from the due date thereof until  paid  or  otherwise
  satisfied.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-B - Buffalo Municipal Water Finance Authority › 1048-W - Interest in Contracts Prohibited.

§  1048-w. Interest in contracts prohibited. It shall be a misdemeanor
  for any member or  any  officer,  agent,  servant  or  employee  of  the
  authority  or  of the water board to be in any way or manner interested,
  directly or indirectly in the furnishing of work, materials, supplies or
  labor, or in any contract therefor which the authority or the board,  as
  the case may be, is empowered by this title to make.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-B - Buffalo Municipal Water Finance Authority › 1048-Y - Audit and Annual Report.

§  1048-y.  Audit and annual report. The accounts of the authority and
  the water board  shall  be  subject  to  the  supervision  of  the  city
  comptroller.  The authority and the water board shall annually submit to
  the mayor, the comptroller and the director of the budget of the city  a
  detailed  report.  In addition an annual audit of the authority shall be
  conducted by an independent certified public  accountant.  Such  audited
  report shall be submitted to the mayor, the comptroller and the director
  of the budget of the city.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-B - Buffalo Municipal Water Finance Authority › 1048-Z - Limited Liability.

§  1048-z. Limited liability. Neither the members of the authority nor
  of the water board, nor any officer or employee of the authority nor the
  water board acting in behalf thereof, while acting within the  scope  of
  his  authority, shall be subject to any liability resulting from (i) the
  construction,  ownership,  maintenance  or  operation  of  any   project
  financed  with  the  assistance of the authority, (ii) the construction,
  ownership, maintenance or operation of  any  water  system  or  facility
  owned  by  the  water  board,  or  (iii)  carrying out any of the powers
  expressly given in this title. A director, officer or  employee  of  the
  authority  shall  be  deemed  an  "employee" for the purposes of chapter
  three of section seventy-nine of the Buffalo city  ordinances,  provided
  however  that  any  director,  either  appointed  by  the governor or an
  employee of the state shall be deemed an "employee" for the purposes  of
  section  eighteen  of the public officers law for any action relating to
  their activities as a director of the authority created by this title.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-B - Buffalo Municipal Water Finance Authority › 1048-AA - Separability Clause.

§  1048-aa.  Separability clause. If any section, clause or provision in
  this title shall be held by a competent court to be unconstitutional  or
  ineffective  in  whole  or  in  part,  to  the  extent  that  it  is not
  unconstitutional or ineffective, it shall be valid and effective, and no
  other section, clause or provision shall on account  thereof  be  deemed
  invalid or ineffective.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-B - Buffalo Municipal Water Finance Authority › 1048-BB - Effect of Inconsistent Provisions.

§   1048-bb.   Effect  of  inconsistent  provisions.  Insofar  as  the
  provisions of this title are inconsistent with  the  provisions  of  any
  other law, general, special or local or of the city charter or any local
  law,  ordinance  or resolution of the city, the provisions of this title
  shall be controlling, provided that 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.  Nothing  contained  in
  this  title  shall  be held to alter or abridge the powers and duties of
  the  state  department  of  environmental  conservation  or  the   state
  department of health.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 2-B - Buffalo Municipal Water Finance Authority › 1049 - Buffalo Water Board.

§  1049.  Buffalo  water board. For the benefit of the city of Buffalo
  and the inhabitants thereof, a water board, to be known as  the  BUFFALO
  WATER  BOARD, is hereby established for the accomplishment of any or all
  of the purposes specified  in  title  two-B  of  article  five  of  this
  chapter.  It shall have the powers and duties now or hereafter conferred
  by title two-B of article five of this chapter upon a  water  board.  It
  shall  be  organized  in  a  manner  prescribed by and be subject to the
  provisions of title two-B of article five of this  chapter.  The  board,
  its  members,  officers  and employees and its operations and activities
  shall in all respects be governed by the provisions of  title  two-B  of
  article five of this chapter.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 3 - Erie County Water Authority › 1051 - Definitions.

§  1051.  Definitions.  As used or referred to in this title, unless a
  different meaning clearly appears from the context,
1. The term "district" shall mean  the  Erie  county  water  authority
  district created by section one thousand fifty-two of this title;
2.  The term "authority" shall mean the corporation created by section
  one thousand fifty-three of this title;
3. The term "county" shall mean the county of Erie;
4. The term "treasurer" shall mean the treasurer of the authority;
5. The term "comptroller" shall mean the comptroller of the  state  of
  New York;
6.  The  term  "personnel officer" shall mean the personnel officer of
  the county of Erie;
7. The term "properties" shall mean the water supply and  distribution
  system  or  systems  of  the  authority,  including  the  plants, works,
  instrumentalities or parts thereof  and  appurtenances  thereto,  lands,
  easements,  rights  in  land  and  water rights, rights-of-way, contract
  rights, franchises, approaches,  connections,  dams,  reservoirs,  water
  mains  and  pipe  lines,  pumping  stations  and equipment, or any other
  property, real, personal or mixed, incidental to and  included  in  such
  system   or   part   thereof,   and  any  improvements,  extensions  and
  betterments, situated within the county of Erie and any source of supply
  or water supply system or any part thereof, situated without the  county
  of Erie;
8.  The  term  "bonds"  shall  mean  the bonds, notes and obligations,
  issued by the authority, pursuant to this act;
9. The term "revenues" shall mean all rents, charges and other  income
  derived from the operation of the properties of the authority;
10. The term "municipality" shall mean a city, town, or village.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 3 - Erie County Water Authority › 1052 - Erie County Water Authority District.

§  1052. Erie county water authority district. There is hereby created
  a district to be known as the "Erie  county  water  authority  district"
  which  shall  embrace  so  much  of  the  territory  included within the
  territorial limits of  the  county  of  Erie,  as  may  be  outside  the
  territorial  limits  of  the  city  of  Buffalo,  except the township of
  Tonawanda, including the village of Kenmore, in the state of New York.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 3 - Erie County Water Authority › 1054-A - Deposit Required Where Temporary Possession Is Granted in Condemnation Proceeding.

§  1054-a.  Deposit  required where temporary possession is granted in
  condemnation proceeding. Whenever the  authority,  in  any  condemnation
  proceeding  for  the acquisition of any property, shall make application
  for  temporary  possession  pursuant  to  the  provisions   of   section
  twenty-four  of  the  condemnation law, the sum to be fixed by the court
  for deposit, as a condition of  granting  such  application,  shall  not
  exceed  ten  per  centum  of the assessed valuation of the real property
  sought to be acquired in such proceedings  as  such  assessed  valuation
  appears  upon  the  last  assessment rolls for county taxes prior to the
  commencement of such proceeding.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 3 - Erie County Water Authority › 1055 - Moneys of the Authority.

§  1055.  Moneys  of  the  authority. All moneys of the authority from
  whatever source derived shall be paid to the treasurer of the  authority
  and  shall be deposited forthwith in a bank or banks in the state of New
  York designated by the authority. The moneys in such accounts  shall  be
  paid out on check of the treasurer on requisition by the authority or of
  such other person or persons as the authority may authorize to make such
  requisitions.  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 or of the county of a market value
  equal at all times to the amount of deposit  and  all  banks  and  trust
  companies  are  authorized  to give such security for such deposits. The
  comptroller  and  his  legally  authorized  representatives,   and   the
  comptroller of the county of Erie, if he so elect, 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. The authority shall have power, notwithstanding the
  provisions of this section, to contract with the holders of any  of  its
  bonds as to the custody, collection, security, investment and payment of
  any  moneys  of  the authority, or any moneys held in trust or otherwise
  for the payment of bonds or in any way to secure bonds, and to carry out
  any such contract notwithstanding that such contract may be inconsistent
  with the provisions of this section. Moneys held in trust  or  otherwise
  for  the  payment of bonds or in any way to secure 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.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 3 - Erie County Water Authority › 1057 - Notes of the Authority.

§  1057. Notes of the authority. The authority shall have power and is
  hereby  authorized  to  issue  negotiable  bond  anticipation  notes  in
  conformity with applicable provisions of the uniform commercial code and
  may  renew  the  same  from time to time but the maximum maturity of any
  such note, including renewals thereof, shall not exceed five years  from
  the  date  of issue of such original note. Such notes shall be paid from
  any moneys of the authority available therefor and not otherwise pledged
  or from  the  proceeds  of  sale  of  the  bonds  of  the  authority  in
  anticipation of which they were issued. The notes shall be issued in the
  same  manner  as  the  bonds  and  such  notes  and  the  resolution  or
  resolutions authorizing the same may contain any provisions,  conditions
  or limitations which the bonds or a bond resolution of the authority may
  contain.  Such  notes  may  be  sold, at public or private sale for such
  price or prices and shall bear interest at such rate or rates per  annum
  as  the  authority  shall  determine provided, however, that any private
  sale shall be subject to the approval  of  the  state  comptroller.  The
  foregoing  provisions  shall  be  applicable  to  notes  issued  by  the
  authority notwithstanding the provisions of any other  general,  special
  or local law to the contrary. Such notes shall be as fully negotiable as
  the bonds of the authority.
The  maturity  of  notes  issued  by the authority for payments to any
  party or person entitled to an award in condemnation in advance  of  the
  determination  of the final award, may be extended beyond five years and
  until such time as the final award is ascertained and paid.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 3 - Erie County Water Authority › 1058 - Duty of Authority to Maintain and Operate.

§  1058.  Duty  of  authority to maintain and operate. It shall be the
  duty of the authority, subject  to  any  limitation  on  the  amount  of
  revenues  to  be  expended for such purpose, to maintain and operate and
  where necessary to reconstruct its properties.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 3 - Erie County Water Authority › 1059 - Transfer of Officers and Employees.

§  1059.  Transfer  of  officers  and employees. Any public officer or
  employee under civil service, selected by the authority  may,  with  the
  consent  of  the  commission, board or department by which he or she has
  been employed, be transferred to the authority and shall be eligible for
  such transfer and appointment without examination to comparable offices,
  positions and employment under the authority. The salary or compensation
  of any such officer or employee shall after such transfer be paid by the
  authority. But notwithstanding the provisions  of  this  act,  any  such
  officers  or  employees so transferred to the authority, pursuant to the
  provisions of this section, who are members of  or  beneficiaries  under
  any  existing  pension  or retirement system, shall continue to have all
  rights, privileges, obligations and status with respect  to  such  fund,
  system or systems as are now prescribed by law, but during the period of
  their  employment  by the authority, all contributions to any pension or
  retirement fund or system to be paid by the employer on account of  such
  officers  or  employees,  shall  be  paid by the authority; and all such
  officers and employees who have been appointed to  positions  under  the
  rules and classifications of the personnel officer of the county of Erie
  shall  have  the  same status with respect thereto after transfer to the
  authority as they had under their original appointments.  It  is  hereby
  declared  that  in  the  interest  of  efficiency  and insofar as may be
  practicable, all employees engaged in the operation of any  property  or
  properties,  except  in an executive capacity, at the time such property
  or properties shall have been acquired by the authority, pursuant to the
  provisions of this act, shall become the employees of the authority. The
  appointment and promotion of all employees of  the  authority  shall  be
  made  in  accordance  with  the  provisions  of  the  civil  service law
  (constituting chapter seven of the consolidated laws) and such rules  as
  the  personnel  officer  of  the  county  of  Erie  may  adopt  and make
  applicable to such authority.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 3 - Erie County Water Authority › 1060 - Agreements of the State.

§  1060. Agreements of the state. The state of New York does pledge to
  and agree with the holders of the bonds that the state will not limit or
  alter the rights hereby vested in the authority to  acquire,  construct,
  maintain,  operate, reconstruct and improve the properties, to establish
  and collect  the  revenues,  rates,  rentals,  fees  and  other  charges
  referred  to  in  this  title and to fulfill the terms of any agreements
  made with the holders of the bonds, or in any way impair the rights  and
  remedies  of  the  bondholders,  until the bonds, together with interest
  thereon, interest on any unpaid installments of interest, and all  costs
  and expenses in connection with any action or proceeding by or on behalf
  of the bondholders, are fully met and discharged.
2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 3 - Erie County Water Authority › 1061 - State, County and Municipalities Not Liable on Bonds.

§  1061.  State,  county  and municipalities not liable on bonds.  The
  bonds and other obligations of the authority shall not be a debt of  the
  state of New York or of the county or of any municipality in the county,
  and  neither the state nor the county nor any municipality in the county
  shall be liable thereon, nor shall they be  payable  out  of  any  funds
  other than those of the authority.