State Codes and Statutes

Statutes > New-york > Pba > Article-5 > Title-1-a > 1020-ee

§  1020-ee. Nine Mile Point II; disposition of interest. The authority  shall make every effort to convey its interest in the Nine Mile Point II  nuclear generating facility through the sale of  its  interest  in  such  facility  to  the  power authority of the state of New York or to one or  more of the co-tenants of such plant, provided,  however,  that  in  any  acquisition  of such interest by the power authority of the state of New  York or by one or more of the co-tenants, the authority shall  agree  to  remain responsible for the purchase of such share of the power generated  by  such facility as it is required to purchase under agreements entered  into by LILCO and obligating the authority.

State Codes and Statutes

Statutes > New-york > Pba > Article-5 > Title-1-a > 1020-ee

§  1020-ee. Nine Mile Point II; disposition of interest. The authority  shall make every effort to convey its interest in the Nine Mile Point II  nuclear generating facility through the sale of  its  interest  in  such  facility  to  the  power authority of the state of New York or to one or  more of the co-tenants of such plant, provided,  however,  that  in  any  acquisition  of such interest by the power authority of the state of New  York or by one or more of the co-tenants, the authority shall  agree  to  remain responsible for the purchase of such share of the power generated  by  such facility as it is required to purchase under agreements entered  into by LILCO and obligating the authority.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Pba > Article-5 > Title-1-a > 1020-ee

§  1020-ee. Nine Mile Point II; disposition of interest. The authority  shall make every effort to convey its interest in the Nine Mile Point II  nuclear generating facility through the sale of  its  interest  in  such  facility  to  the  power authority of the state of New York or to one or  more of the co-tenants of such plant, provided,  however,  that  in  any  acquisition  of such interest by the power authority of the state of New  York or by one or more of the co-tenants, the authority shall  agree  to  remain responsible for the purchase of such share of the power generated  by  such facility as it is required to purchase under agreements entered  into by LILCO and obligating the authority.