New York § 561 Exemption from taxation of bonds

New York Statutes

§ 561 — Exemption from taxation of bonds

New York § 561

Law GMUGeneral Municipal

Art. 15-AMunicipal Urban Renewal Agencies, Organization and Powers

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Bluebook

N.Y. General Municipal § 561 (2026).

Text

  § 561. Exemption from taxation of bonds.  Bonds, mortgages, notes and\nother obligations of an agency are declared to be issued for a public\npurpose and to be public instrumentalities and together with interest\nthereon, shall be exempt from taxation.\n

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