N.Y. Public Authorities Law 3030 – Short title
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* § 3030. Short title. This title shall be known and may be citied as the "Municipal Assistance Corporation for the city of New York Act".
Terms Used In N.Y. Public Authorities Law 3030
- City: means the city of New York. See N.Y. Public Authorities Law 3032
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Corporation: means the corporate governmental agency created by section three thousand thirty-three of this chapter. See N.Y. Public Authorities Law 3032
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
* NB The corporation shall continue for a term ending the later of July 1, 2008 or one year after its liabilities have been fully paid and discharged per § 3033 sub 1.