New York Statutes
§ 1558 — Tax exemptions
New York § 1558
JurisdictionNew York
Law PBAPublic Authorities
Title 7Tuckahoe Parking Authority
Art. 7Parking Authorities
This text of New York § 1558 (Tax exemptions) 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. Public Authorities § 1558 (2026).
Text
* § 1558. Tax exemptions.
1.It is hereby determined that the creation\nof the authority and the carrying out of its corporate purposes is in\nall respects for the benefit of the people of the village of Tuckahoe\nand its environs, and is a public purpose, and the authority shall be\nregarded as performing a governmental function in the exercise of the\npowers conferred upon it by this title and shall be required to pay no\ntaxes or assessments upon any of the property acquired by it or under\nits jurisdiction or control or supervision or upon its activities.\n 2. Any bonds or notes issued pursuant to this title, together with the\nincome therefrom, as well as the property of the authority, shall be\nexempt from taxation, except for transfer and estate taxes.\n * NB Dissolved December
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
15
§ 150
Short title§ 1500-A
Short title§ 1500-B
Definitions§ 1500-G
Contract for employees§ 1500-H
Moneys of the authority§ 1500-I
Bonds or notes of the authority§ 1500-J
Agreements of New York state§ 1500-K
Agreements of the city§ 1500-N
Tax exemptionsCite This Page — Counsel Stack
Bluebook (online)
New York § 1558, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/PBA/1558.