§ 1057. Transfer of authority, administration and appropriations. 1.
On and after the effective date of this section, all obligations of the
division with respect to rural area revitalization projects shall become
the obligations of the corporation and the corporation shall be
responsible for the administration of all rural area revitalization
projects. The division shall provide for the orderly transfer of all
matters, records and things relating to rural revitalization projects to
the corporation.

2. Notwithstanding the provisions of any general or special law, the
director of the budget is authorized to transfer to the corporation
funds otherwise appropriated or reappropriated for the purposes of rural
area revitalization projects to the division of housing and community
renewal.

3. All rules, regulations, acts, determinations and decisions of the
division or the commissioner thereof with respect to the administration
of rural area revitalization projects in force on the effective date of
this section shall continue in force and effect as rules, regulations,
acts, determinations and decisions of the corporation until duly
modified or rescinded by the corporation.