§ 1075. Statement of purpose. Prior to the enactment of section five of article ten of the constitution (effective on January first, nineteen hundred thirty-nine) public benefit corporations could be created pursuant to general law and chapter eight hundred forty-seven of the laws of nineteen hundred thirty-four, as amended, authorized the creation of county water authorities. On the twenty-ninth day of March, nineteen hundred thirty-seven, the board of supervisors of Suffolk county pursuant to such chapter created the Suffolk county water authority, which since such date has been in continuous existence as a body corporate and politic, constituting a public benefit corporation. Thereafter the provisions of such chapter were reenacted and continued as Article 7 of the county law by chapter one hundred ninety-five of the laws of nineteen hundred forty. The Suffolk county water authority is the only county water authority created pursuant to such chapter eight hundred forty-seven of the laws of nineteen hundred thirty-four, as amended, or pursuant to such Article 7 of the county law. Since the enactment of § 5 of the constitution public benefit corporations may be created only by special act of the legislature and, to the extent that the provisions of Article 7 of the county law purport to authorize the creation of county water authorities pursuant to its provisions subsequent to January first, nineteen hundred thirty-nine, such provisions of the county law are obsolete. The purpose of this title is to continue the existence of the Suffolk county water authority, to place the statutory provisions of law applicable thereto in the public authorities law where they appropriately belong, to provide for the powers and duties of the authority, and to repeal the provisions of present Article 7 of the county law.

Terms Used In N.Y. Public Authorities Law 1075

  • 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.