New York § 273 Canceling stamps; penalty for failure

New York Statutes

§ 273 — Canceling stamps; penalty for failure

New York § 273

Law TAXTax

Art. 12Tax On Transfers of Stock and Other Corporate Certificates

This text of New York § 273 (Canceling stamps; penalty for failure) 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. Tax § 273 (2026).

Text

  § 273. Canceling stamps; penalty for failure. In every case where an\nadhesive stamp shall be used to denote the payment of the tax provided\nby this article, the person using or affixing the same shall write or\nstamp thereupon the initials of his name and the date upon which the\nsame shall be attached or used, and shall cut or perforate the stamp in\na substantial manner, so that such stamp cannot be again used; and if\nany person makes use of an adhesive stamp to denote the payment of the\ntax imposed by this article, without so effectually canceling the same,\nsuch person shall be deemed guilty of a misdemeanor, and upon conviction\nthereof shall pay a fine of not less than two hundred nor more than five\nhundred dollars or be imprisoned for not less than six months, or both,\nin th

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

§ 273. Canceling stamps; penalty for failure. In every case where an\nadhesive stamp shall be used to denote the payment of the tax provided\nby this article, the person using or affixing the same shall write or\nstamp thereupon the initials of his name and the date upon which the\nsame shall be attached or used, and shall cut or perforate the stamp in\na substantial manner, so that such stamp cannot be again used; and if\nany person makes use of an adhesive stamp to denote the payment of the\ntax imposed by this article, without so effectually canceling the same,\nsuch person shall be deemed guilty of a misdemeanor, and upon conviction\nthereof shall pay a fine of not less than two hundred nor more than five\nhundred dollars or be imprisoned for not less than six months, or both,\nin the discretion of the court.\n