N.Y. Public Authorities Law § 1021-a: Definitions

§ 1021-a. Definitions. As used or referred to in this title, unless a

different meaning clearly appears from the context:

1. "Acquire" means, with respect to any right, title or interest in or

to any property, either the act of taking by the exercise of the power

of eminent domain, or the acquisition by purchase or otherwise.

2. "Act" means the North Country power authority act, being this

title.

3. "Authority" means the North Country power authority established by

section one thousand twenty-one-b of this title.

4. "Commission" means the Public Service Commission.

5. "Comptroller" means the state comptroller.

6. "Directors" means the board of directors of the authority.

7. "Federal government" means the United States of America and any

agency or instrumentality, corporate or otherwise, of the United States

of America.

8. "Final determination" or "finally determined" means a judicial

decision (a) by the highest court of competent jurisdiction, or (b) by a

court of competent jurisdiction from which no appeal has been taken and

the time within which to appeal has expired.

9. "NCPA" means the North Country power authority, and its successors

and assigns.

10. "Municipality" means any county, city, town, village, municipal

corporation, school district or other political subdivision of the

state, including any agency, authority or public corporation of the

state or any of the foregoing, or any combination thereof, other than

the authority.

11. "Property" means the power distribution system or systems of the

authority, whether completed facilities or projects in construction,

whether situated within or without the territorial limits of the service

area, including the plants, works, structures, poles, lines, conduits,

mains, systems, instrumentalities or parts thereof and appurtenances

thereto, lands, franchises and interest in land, including lands under

water and riparian rights, space rights and air rights, contract rights,

substations, and distribution facilities, or any other property

incidental to and included in such system or part thereof, and any

improvements, extensions or betterments. The term "property" shall also

include any and all interests in real property less than full title,

such as easements, rights of way, uses, leases, licenses and all other

incorporeal hereditaments and every estate, interest or right, legal or

equitable, including terms for years and liens thereon by way of

judgments, mortgages or otherwise, and also all claims for damages

related to such real estate.

12. "Revenues" means all rates, rents, fees, charges, payments and

other income and receipts derived by the authority from the operation of

the properties of the authority other than the proceeds of the sales of

its securities, including, but not limited to, investment proceeds and

proceeds of insurance, condemnation, and sales or other disposition of

assets, together with all federal, state or municipal aid.

13. "Security" means any bond, note or other obligation issued by the

authority.

14. "State" means the state of New York.

15. "State agency" means any board, authority, agency, department,

commission, public corporation, body politic or instrumentality of the

state.