New York § 710 Exemption from taxation

New York Statutes

§ 710 — Exemption from taxation

New York § 710

Law PBAPublic Authorities

Title 8Ogdensburg Bridge Authority

Art. 3Bridge and Tunnel Authorities

This text of New York § 710 (Exemption from taxation) 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 § 710 (2026).

Text

§ 710. Exemption from taxation.

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 state of New\nYork and it is a public purpose and the authority shall be regarded as\nperforming a governmental function in the exercise of the powers\nconferred upon it by this title and shall be required to pay no taxes or\nassessments upon any of the properties acquired by it or under its\njurisdiction or control or supervision or upon its activities or upon\nthe income therefrom.\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\nfree from taxation, except for transfer and estate taxes.\n

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

§ 710. Exemption from taxation. 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 state of New\nYork and it is a public purpose and the authority shall be regarded as\nperforming a governmental function in the exercise of the powers\nconferred upon it by this title and shall be required to pay no taxes or\nassessments upon any of the properties acquired by it or under its\njurisdiction or control or supervision or upon its activities or upon\nthe income therefrom.\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\nfree from taxation, except for transfer and estate taxes.\n