N.Y. Local Finance Law § 171.00: Continuity of powers and duties

§ 171.00 Continuity of powers and duties. a. Any agency, board,

commission or official to whom are assigned by this chapter any powers

and duties shall exercise such powers and duties in continuation of

their exercise by the agency, board, commission or official by which the

same were heretofore exercised and shall have power to continue any

business, proceeding or other matter commenced by the agency, board,

commission or official by which such powers and duties were heretofore

exercised. Any provision in any contract relating to the subject matter

of such powers or duties and applicable to the agency, board, commission

or official formerly exercising such powers and duties shall apply to

the agency, board, commission or official to which such powers and

duties are assigned by this chapter.

b. All records, property and equipment whatsoever of any agency,

board, commission or official, the powers and duties of which are

assigned to any other body or official by this chapter, shall be

transferred and delivered to the body or official to which such powers

and duties are so assigned. If part of the powers and duties of any

agency, board, commission or official are assigned to another body or

official by this chapter, all records, property and equipment relating

thereto shall be transferred and delivered to the body or official to

which such powers and duties are so assigned.