New York Public Authorities Code § 161

Bonds to be tax exempt
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* § 161. Bonds to be tax exempt. The bonds shall be exempt from\ntaxation except for transfer and estate taxes. This section shall apply\nonly to bonds issued before January first, nineteen hundred thirty-nine.\nNothing in this section shall be construed to repeal any tax exemption\ngranted by general law.\n  * NB (Authority abolished June 30, 1978)\n

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