§ 219-h. Tax exemptions. The provisions of subdivisions one, two and\nthree of section fifty-two of this chapter shall apply with equal force\nand effect to emergency projects so long as such projects are controlled\nby an authority or a city, provided, however, that any bonds, notes or\nother obligations or evidences of indebtedness issued by an authority or\na city shall at all times be exempt from all taxation by the state or\nany subdivision thereof.\n
‹ Prev All New York sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.