Legislation
SECTION 2
Definitions
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 1, TITLE 1
§ 2. Definitions. As used in this chapter:
1. "state authority" shall mean a public authority or public benefit
corporation created by or existing under this chapter or any other law
of the state of New York, with one or more of its members appointed by
the governor or who serve as members by virtue of holding a civil office
of the state, other than an interstate or international authority or
public benefit corporation, including subsidiaries of such public
authority or public benefit corporation.
2. "local authority" shall mean (a) a public authority or public
benefit corporation created by or existing under this chapter or any
other law of the state of New York whose members do not hold a civil
office of the state, are not appointed by the governor or are appointed
by the governor specifically upon the recommendation of the local
government or governments; (b) a not-for-profit corporation affiliated
with, sponsored by, or created by a county, city, town or village
government; (c) a local industrial developmental agency or authority or
other local public benefit corporation; (d) an affiliate of such local
authority; or (e) a land bank corporation created pursuant to article
sixteen of the not-for-profit corporation law.
3. "interstate or international authority" shall mean an international
or interstate public authority created pursuant to agreement or compact
with another state or with a foreign power, including any and all
affiliates or subsidiaries.
5. "subsidiary" shall not include, for the purposes of this chapter,
corporations that have been certified by the parent corporation to the
authorities budget office as being inactive for the past twelve months,
having an identical board of its parent corporation, or not having
separate and independent operational control. Provided, however, the
parent corporation, in response to any request, shall address any
provision or provisions of this chapter.
6. "authorities budget office" shall mean the entity established
pursuant to section four of this article.
1. "state authority" shall mean a public authority or public benefit
corporation created by or existing under this chapter or any other law
of the state of New York, with one or more of its members appointed by
the governor or who serve as members by virtue of holding a civil office
of the state, other than an interstate or international authority or
public benefit corporation, including subsidiaries of such public
authority or public benefit corporation.
2. "local authority" shall mean (a) a public authority or public
benefit corporation created by or existing under this chapter or any
other law of the state of New York whose members do not hold a civil
office of the state, are not appointed by the governor or are appointed
by the governor specifically upon the recommendation of the local
government or governments; (b) a not-for-profit corporation affiliated
with, sponsored by, or created by a county, city, town or village
government; (c) a local industrial developmental agency or authority or
other local public benefit corporation; (d) an affiliate of such local
authority; or (e) a land bank corporation created pursuant to article
sixteen of the not-for-profit corporation law.
3. "interstate or international authority" shall mean an international
or interstate public authority created pursuant to agreement or compact
with another state or with a foreign power, including any and all
affiliates or subsidiaries.
5. "subsidiary" shall not include, for the purposes of this chapter,
corporations that have been certified by the parent corporation to the
authorities budget office as being inactive for the past twelve months,
having an identical board of its parent corporation, or not having
separate and independent operational control. Provided, however, the
parent corporation, in response to any request, shall address any
provision or provisions of this chapter.
6. "authorities budget office" shall mean the entity established
pursuant to section four of this article.