N.Y. Public Housing Law § 563: Town of East Hampton Housing Authority

§ 563. Town of East Hampton Housing Authority. A municipal housing

authority, to be known as the East Hampton Housing Authority, is hereby

created and established for the Town of East Hampton in the county of

Suffolk for the accomplishment of any or all of the purposes specified

in article eighteen of the constitution of the state of New York. It

shall constitute a body corporate and politic, and consist of five

members. It shall have the powers and duties now or hereafter conferred

by this chapter upon municipal housing authorities. It shall be

organized in the manner prescribed by and subject to the provisions of

this chapter, and the authority, its members, officers and employees and

its operations and activities shall in all respects be governed by the

provisions of this chapter. Such authority shall have perpetual

duration, provided, however, that if at the expiration of ten years

subsequent to the time this section takes effect, there shall be

outstanding no bonds or other obligations of such authority theretofore

issued for any of the purposes authorized in this chapter, then its

corporate existence shall thereupon terminate and such authority shall

thereupon be deemed to be and shall be dissolved.