§ 527. New York State Bridge Authority. 1. The board known as the "New
York State Bridge Authority," is hereby continued. Such board shall be a
body corporate and politic, shall have a corporate seal and be capable
of suing and being sued. It shall consist of seven members who shall be
appointed by the governor by and with the advice and consent of the
senate. The present members of the board shall continue in office,
unless a vacancy occurs, for the remainder of the time for which they
were respectively appointed. Of the additional members, one shall be
appointed for a term to expire February first, nineteen hundred
fifty-one, and one for a term to expire February first, nineteen hundred
fifty-two. Their successors and any additional appointees shall be
appointed, one annually, for terms of five years each from the first day
of February; provided that the person appointed as successor to the
member heretofore appointed for a three year term which expired February
first, nineteen hundred forty-seven, shall be appointed for a term to
expire February first, nineteen hundred fifty. Vacancies in the office
of such board occurring otherwise than by expiration of term also shall
be filled by the governor by appointment by and with the advice and
consent of the senate for the unexpired term, and the provisions of
section thirty-nine of the public officers law relating to recess
appointments shall apply to such board. Such board shall choose from its
members a chairman. The members of such board shall be paid or
reimbursed for their necessary expenses incurred under this title, but
shall receive no compensation for their services.

2. Such board and its corporate existence shall continue so long as it
shall have bonds or other obligations outstanding (including bonds or
obligations hereafter issued or incurred) and until its existence shall
be terminated by law. Upon ceasing to exist all of its rights and
properties shall pass to the state.

3. Notwithstanding any inconsistent provision of this section, on the
effective date of this subdivision the term of each board member
currently in office, or any vacant position, shall be deemed expired,
and each such board members may continue to serve in holdover status
until their successor is appointed by the governor and with the advice
and consent of the senate and the provisions of section thirty-nine of
the public officers law relating to recess appointments shall apply to
such appointments. Initial appointments made pursuant to this
subdivision shall be for the following terms, the first three of such
initial appointments shall be for a term of three years, the second two
of such initial appointments shall be for a term of five years, and
final two of such initial appointments shall be for a term of seven
years. After these initial terms have expired, board members shall be
appointed for a term of five years, provided, however, that each board
member may serve in holdover until a successor board member is
appointed. Vacancies in the office of such board occurring otherwise
than by expiration of term also shall be filled by the governor by
appointment by and with the advice and consent of the senate for the
unexpired term, and the provisions of section thirty-nine of the public
officers law relating to recess appointments shall apply to such board.