N.Y. Education Law § 3316: Withdrawal and dissolution

§ 3316. Withdrawal and dissolution. 1. Once effective, the compact

shall continue in force and remain binding upon each and every member

state; provided that a member state may withdraw from the compact by

specifically repealing the statute, which enacted the compact into law.

2. Withdrawal from this compact shall be by the enactment of a statute

repealing the same, but shall not take effect until written notice of

the withdrawal has been given by the withdrawing state to the governor

of each other member jurisdiction.

3. The withdrawing state shall immediately notify the chairperson of

the interstate commission in writing upon the introduction of

legislation repealing this compact in the withdrawing state. The

interstate commission shall notify the other member states of the

withdrawing state's intent to withdraw within sixty days of its receipt

thereof.

4. The withdrawing state is responsible for all assessments,

obligations and liabilities incurred through the effective date of

withdrawal, including obligations, the performance of which extend

beyond the effective date of withdrawal.

5. Reinstatement following withdrawal of a member state shall occur

upon the withdrawing state reenacting the compact or upon such later

date as determined by the interstate commission.