N.Y. Public Authorities Law § 2: Definitions

§ 2. Definitions. As used in this chapter:

1. "state authority" shall mean a public authority or public benefit

corporation created by or existing under this chapter or any other law

of the state of New York, with one or more of its members appointed by

the governor or who serve as members by virtue of holding a civil office

of the state, other than an interstate or international authority or

public benefit corporation, including subsidiaries of such public

authority or public benefit corporation.

2. "local authority" shall mean (a) a public authority or public

benefit corporation created by or existing under this chapter or any

other law of the state of New York whose members do not hold a civil

office of the state, are not appointed by the governor or are appointed

by the governor specifically upon the recommendation of the local

government or governments; (b) a not-for-profit corporation affiliated

with, sponsored by, or created by a county, city, town or village

government; (c) a local industrial developmental agency or authority or

other local public benefit corporation; (d) an affiliate of such local

authority; or (e) a land bank corporation created pursuant to article

sixteen of the not-for-profit corporation law.

3. "interstate or international authority" shall mean an international

or interstate public authority created pursuant to agreement or compact

with another state or with a foreign power, including any and all

affiliates or subsidiaries.

5. "subsidiary" shall not include, for the purposes of this chapter,

corporations that have been certified by the parent corporation to the

authorities budget office as being inactive for the past twelve months,

having an identical board of its parent corporation, or not having

separate and independent operational control. Provided, however, the

parent corporation, in response to any request, shall address any

provision or provisions of this chapter.

6. "authorities budget office" shall mean the entity established

pursuant to section four of this article.