52 – Tax Exemptions of an Authority.
§ 52. Tax exemptions of an authority. 1. An authority shall be exempt from the payment of (a) any taxes or fees to the state or any subdivision thereof and (b) any fees to any officer or employee of the state or of any subdivision thereof, except where it is provided by or pursuant to […]
53 – Depositories of Authority Funds.
§ 53. Depositories of authority funds. In order to protect funds deposited by an authority all banks, bankers, trust companies or other persons carrying on a banking business, organized under the laws of the state, are authorized to give to the authority an undertaking with such sureties as shall be approved by the authority, faithfully […]
54 – Filing by Authority of By-Laws, Rules and Regulations.
§ 54. Filing by authority of by-laws, rules and regulations. 1. An authority shall file with the commissioner a copy of any by-laws, rules and regulations and amendments thereto adopted by it from time to time, which shall become effective upon approval by the commissioner; provided, however, that if the commissioner shall fail to approve […]
55 – Projects Undertaken by Municipalities.
§ 55. Projects undertaken by municipalities. Any municipality may undertake one or more projects, and for that purpose, any such municipality is hereby given the rights, powers and privileges and shall be subject to the duties and obligations granted to or imposed upon authorities with respect to projects by the provisions of this chapter. The […]
55-A – Facilities Incidental or Appurtenant to a Project.
§ 55-a. Facilities incidental or appurtenant to a project. In addition to any other lawful method for the provision by an authority of facilities incidental or appurtenant to a project, a municipality may in connection with any project of an authority, upon approval by the local legislative body, contract with an authority for the preparation […]
47 – Bond Covenants of an Authority.
§ 47. Bond covenants of an authority. 1. In connection with the issuance of bonds or the incurring of an obligation, and to secure the payment of such bonds or obligations, an authority, in addition to its other powers, may: (a) Pledge, covenant to pledge, or covenant against pledging, all or any part of its […]
48 – Guaranteed Indebtedness of an Authority.
§ 48. Guaranteed indebtedness of an authority. An authority may contract indebtedness and authorize and issue bonds guaranteed by a municipality as to principal and interest, or only as to the interest.
49 – Authority Obligations as Legal Investments and Legal Security for Deposits by Public Officers.
§ 49. Authority obligations as legal investments and legal security for deposits by public officers. The state, its subdivisions, municipalities, and all other public bodies, and all public officers, all banks, bankers, trust companies, savings banks and institutions, building and loan associations, saving and loan associations, investment companies and other persons carrying on a banking […]
36 – Disqualification of Members and Employees of Authorities.
§ 36. Disqualification of members and employees of authorities. No member or employee of an authority shall acquire any interest direct or indirect in a project or in any property then or thereafter included or planned to be included in a project, nor retain any interest direct or indirect in any property acquired subsequently to […]
37 – Powers of Authority.
§ 37. Powers of authority. 1. An authority shall have the following powers in addition to other powers granted in this chapter: (a) investigate into living conditions in the municipality and into the means of improving such conditions; (b) determine where insanitary or substandard housing conditions exist; (c) publish and disseminate information; (d) prepare or […]