N.Y. Facilities Development Corporation Act 359/68 § 4: Facilities Development corporation

§ 4. Facilities Development corporation. There is hereby created the

facilities development corporation. The corporation shall be a corporate

governmental agency constituting a public benefit corporation. From and

after the effective date of the health care financing consolidation act,

as provided in subdivision 1 of section 1699-f of the public authorities

law, the corporation shall continue its corporate existence in and

through the dormitory authority, and the dormitory authority shall

succeed to all of the powers, duties and functions of the corporation.