* § 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