New York Statutes
§ 1039 — Exemption from taxation
New York·Law PBA Public Authorities·Title 2 Albany Light, Heat and Power Authority·Art. 5 Public Utility Authorities
* § 1039. Exemption from taxation. The real and personal property of\nthe authority shall be exempt from all taxation, and so shall all of its\nactivities and operations, except that the owners of its bonds and other\nobligations shall be subject to transfer and estate taxes.\n * NB Terminated July 1, 1963\n
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