§ 1076. Definitions. As used or referred to in this title, unless a different meaning clearly appears from the context,

Terms Used In N.Y. Public Authorities Law 1076

  • 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.

1. The term "authority" shall mean the corporation heretofore created pursuant to the provisions of chapter eight hundred forty-seven of the laws of nineteen hundred thirty-four and thereafter continued pursuant to the provisions of Article 7 of the county law, and whose existence is continued by section one thousand seventy-seven of this title;

2. The term "municipality" shall mean any county, city, town, village, town water district, fire district, fire protection district, fire alarm district, school district, and any other political subdivision of the state;

3. The term "bonds" shall mean the bonds issued by the authority, pursuant to this title.

4. The designation board of supervisors shall mean the legislative body of the county of Suffolk.

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