N.Y. Environmental Conservation Law § 15-2141: Hudson River Regulating District and Black River Regulating District: funds of the board

§ 15-2141. Hudson River Regulating District and Black River Regulating

District: funds of the board.

1. Notwithstanding the consolidation of the Hudson River Regulating

District and the Black River Regulating District into a single district,

effectuated by this title, or any other provision of title 21 of this

article, moneys constituting the respective "general fund" or "debt

service fund" or other fund or funds of either the Hudson River

Regulating Board or District or the Black River Regulating Board or

District, shall remain and be kept separate and apart and shall be

applied for the cost of maintenance and operation in the area of the

appropriate district and to pay the debts and obligations of the

appropriate board or district, on whose account such moneys were

received.

2. Notwithstanding any provision of sections 15-2137 and 15-2139 or

any other provision of title 21 of this article, all moneys hereafter

received by the Hudson River-Black River Regulating District and its

board, as consolidated, by reason of assessments or from the sale of

obligations issued or from other source, all for the purposes of the

respective areas heretofore comprising the Hudson River Regulating

District or the Black River Regulating District, shall be kept separate

and apart and shall constitute "general funds" and "debt service funds"

and other fund or funds with the same force and effect as funds

heretofore constituted by the Hudson River Regulating Board or District

and by the Black River Regulating Board or District and shall be applied

solely for the cost of maintenance and operation in the respective areas

from which the moneys were received and to pay the debts and obligations

accrued or as they become due in the areas where the debts and

obligations were incurred, provided, however, that the expenses of the

board, as consolidated by this part, and of its officers and employees

shall be paid from the appropriate "general funds" in the same

proportion as moneys are annually collected from the respective areas.

The provisions of section 15-2129, in so far as the same are applicable

and not inconsistent herewith, shall apply as they relate to the

"general fund", "debt service fund", and to the fund or funds of the

district.