New York § 1599-N Tax contract by the state

New York Statutes

§ 1599-N — Tax contract by the state

New York § 1599-N

Law PBAPublic Authorities

Title 14City of Binghamton Parking Authority

Art. 7Parking Authorities

This text of New York § 1599-N (Tax contract by the state) 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 § 1599-N (2026).

Text

  * § 1599-n. Tax contract by the state. The state of New York covenants\nwith the purchasers and with all subsequent holders and transferees of\nbonds issued by the authority pursuant to this title, in consideration\nof the acceptance of and payment for the bonds, that the bonds of the\nauthority issued pursuant to this title and the income therefrom, and\nall moneys, funds and revenues pledged to pay or secure the payment of\nsuch bonds, shall at all times be free from taxation except for estate\ntaxes and taxes on transfers by or in contemplation of death.\n  * NB Authority ceased to exist 12/31/99\n  * NB There are 4 § 1599-n's\n

Free access — add to your briefcase to read the full text and ask questions with AI

* § 1599-n. Tax contract by the state. The state of New York covenants\nwith the purchasers and with all subsequent holders and transferees of\nbonds issued by the authority pursuant to this title, in consideration\nof the acceptance of and payment for the bonds, that the bonds of the\nauthority issued pursuant to this title and the income therefrom, and\nall moneys, funds and revenues pledged to pay or secure the payment of\nsuch bonds, shall at all times be free from taxation except for estate\ntaxes and taxes on transfers by or in contemplation of death.\n * NB Authority ceased to exist 12/31/99\n * NB There are 4 § 1599-n's\n