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N.Y. Banking Law § 286 Taxation and Exemption of Property Held In Fund; Exemption of Mortgages From Mortgage Recording Tax
Library | New York Statutes |
Edition | 2023 |
Currency | Current through 2023 NY Law Chapter 777 |
Year | 2023 |
Citation | N.Y. Banking Law § 286 |
The fund and the income thereof shall be exempt from all taxation now or hereafter imposed by the state of New York or by any county, municipality or local authority or subdivision, except that any real property constituting an asset of the fund shall be subject to city, county, municipal or local taxation to the same extent according to its value as other similar real...
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