§ 2719. Exemption from taxation of property and income. The property\nof the authority, and its income and operations shall be exempt from\ntaxation or assessments of every kind and nature; nor shall the\nauthority be required to pay any filing or recording fee or transfer tax\nof any kind on account of instruments filed or recorded by it or on its\nbehalf. Mortgages made or financed (directly or indirectly) by the\nauthority shall be exempt from the mortgage recording taxes imposed by\narticle eleven of the tax law.\n
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