New York § 278 Effect of failure to pay tax

New York Statutes

§ 278 — Effect of failure to pay tax

New York § 278

Law TAXTax

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

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Bluebook

N.Y. Tax § 278 (2026).

Text

  § 278.  Effect of failure to pay tax.  No transfer of certificates\ntaxable under this article made after June first, nineteen hundred and\nfive, on which a tax is imposed by this article, and which tax is not\npaid at the time of such transfer shall be made the basis of any action\nor legal proceedings, nor, except in a proceeding under articles ten-c\nand twenty-six of this chapter, shall proof thereof be offered or\nreceived in evidence in any court in this state.\n

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§ 278. Effect of failure to pay tax. No transfer of certificates\ntaxable under this article made after June first, nineteen hundred and\nfive, on which a tax is imposed by this article, and which tax is not\npaid at the time of such transfer shall be made the basis of any action\nor legal proceedings, nor, except in a proceeding under articles ten-c\nand twenty-six of this chapter, shall proof thereof be offered or\nreceived in evidence in any court in this state.\n