The authority is not dissolved until:

1. 1. Legislature provides for termination It is terminated by the Legislature; and

   [PL 1993, c. 474, §1 (NEW).]

2. 2. Payment of bonds, premiums and interest The bonds, premium, if any, and interest have been paid or a sufficient amount for the payment of the bonds and interest to maturity or a prior redemption date have been irrevocably set aside in trust for the benefit of the bondholders in accordance with agreements with the bondholders.

   [PL 2003, c. 598, §9 (AMD).]

PL 1993, c. 474, §1 (NEW). PL 2003, c. 598, §9 (AMD).