New York Statutes
§ 420-E — Exemption from taxation
New York § 420-E
This text of New York § 420-E (Exemption from taxation) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.Y. Banking § 420-E (2026).
Text
§ 420-e. Exemption from taxation. It is hereby found, determined and\ndeclared that the creation of the fund and the carrying out of its\npurposes is in all respects for the benefit of the people of the state\nof New York and for the improvement of their health, welfare and\nprosperity and is a public purpose, and that the fund will be performing\nan essential governmental function in the exercise of the powers\nconferred upon it by this article, and that the fund shall be required\nto pay no fees, taxes or assessments, whether state or local, including\nbut not limited to fees, taxes or assessments on real estate, franchise\ntaxes, sales taxes or other excise taxes, upon its activities as an\ninsurer; and that all income received by the fund and that the bonds of\nthe fund and the incom
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Nearby Sections
13
§ 420
Definitions§ 420-B
Purposes of the fund§ 420-C
General powers of the fund§ 420-E
Exemption from taxation§ 420-H
Premiums on insurance§ 420-I
Payment of insurance§ 420-K
Termination of insuranceCite This Page — Counsel Stack
Bluebook (online)
New York § 420-E, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/BNK/420-E.