N.Y. Public Authorities Law § 1599-O*4
Tax contract by the state
New York · New York Public Authorities Law · Status: effective · Effective 2014-09-22
Cite this
- Citation
- N.Y. Public Authorities Law § 1599-O*4, Tax contract by the state, New York, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1119084
- Permanent ID
ys:prov:1119084@1- SHA-256
21b4983d9c187b5ef84fd24d5a8dfc018b613362a757348336d780b86f114b89
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
* § 1599-o. Tax contract by the state. The state of New York covenants
with the purchasers and with all subsequent holders and transferees of
bonds or notes issued by the authority pursuant to this title, in
consideration of the acceptance of and payment for the bonds or notes,
that the bonds and notes of the authority issued pursuant to this title
and the income therefrom, and all moneys, funds and revenues pledged to
pay or secure the payment of such bonds or notes, shall at all times be
free from taxation except for estate taxes and taxes on transfers by or
in contemplation of death.
* NB Authority ceased to exist 08/05/2002
* NB There are 4 § 1599-o's