§ 410. Rockville Centre housing authority. A municipal housing
authority, to be known as the Rockville Centre housing authority, is
hereby created and established for the accomplishment of any or all of
the purposes specified in article eighteen of the constitution of the
state of New York. It shall constitute a body corporate and politic and
consist of five members. It shall have the powers and duties now or
hereafter conferred by this chapter upon municipal housing authorities.
It shall be organized in the manner prescribed by and subject to the
provisions of this chapter, and the authority, its members, officers and
employees and its operations and activities shall in all respects be
governed by the provisions of this chapter. Such authority shall have
perpetual duration; provided, however, that if on May first, nineteen
hundred seventy, there shall be outstanding no bonds or other
obligations of such authority theretofore issued for any of the purposes
authorized in this chapter, then its corporate existence shall thereupon
terminate and such authority shall thereupon be deemed to be and shall
be dissolved.