1600-RR - Termination of the authority.

§ 1600-rr. Termination of the authority. Whenever all of the bonds and  notes issued by the authority shall have been redeemed or cancelled, and  all  its  liabilities  and duties met or discharged, and the termination  date of its corporate existence as set forth in section one thousand six  hundred-cc of this title shall have been reached,  the  authority  shall  cease  to  exist and all rights, title and interests and all obligations  and liabilities thereof vested in or possessed by  the  authority  shall  thereupon vest in and be possessed by the village of Sleepy Hollow.