New York Statutes

§ 1599-N*2 — Tax exemptions

New York § 1599-N*2
JurisdictionNew York
Law PBAPublic Authorities
Title 14*City of Cohoes Parking Authority
Art. 7Parking Authorities

This text of New York § 1599-N*2 (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 § 1599-N*2 (2026).

Text

* § 1599-n. Tax exemptions.

1.It is hereby determined that the\ncreation of the authority and the carrying out of its corporate purposes\nis in all respects for the benefit of the people of the city of Cohoes\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 Authority terminated 0

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Nearby Sections

15
§ 1599-A
Short title
§ 1599-A*2
Short title
§ 1599-A*3
Definitions
§ 1599-A*4
Short title
§ 1599-AAA
Short title
§ 1599-AAA*2
Short title
§ 1599-B
Definitions
§ 1599-B*2
Definitions
§ 1599-B*4
Definitions
§ 1599-BBB
Definitions
§ 1599-BBB*2
Definitions
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Bluebook (online)
New York § 1599-N*2, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/PBA/1599-N*2.