N.Y. Banking Law § 420-E Exemption From Taxation

• Library: New York Statutes
• Edition: 2023
• Currency: Current through 2023 NY Law Chapter 682

It is hereby found, determined and declared that the creation of the fund and the carrying out of its purposes is in all respects for the benefit of the people of the state of New York and for the improvement of their health, welfare and prosperity and is a public purpose, and that the fund will be performing an essential governmental function in the exercise of the powers conferred upon it by this article, and that the fund shall be required to pay no fees, taxes or assessments, whether state or local, including but not limited to fees, taxes or assessments on real estate, franchise ...