N.Y. Public Authorities Law § 1030: Deposit for temporary possession of property

* § 1030. Deposit for temporary possession of property. Whenever the

authority, in any proceedings instituted by it for the acquisition of

any existing plant or plants by condemnation, shall make application for

temporary possession pursuant to the provisions of section twenty-four

of the condemnation law, the sum to be fixed by the court for deposit,

as a condition of granting such application, need not exceed ten per

centum of the assessed valuation of the real property sought to be

acquired in such proceeding as such assessed valuation appeared upon the

last assessment rolls for state or county taxes prior to the

commencement of such proceeding.

* NB Terminated July 1, 1963