N.Y. Real Property Tax Law § 428
Fraternal organizations; entire net income for education and relief of members
New York · New York Real Property Tax Law · Status: effective · Effective 2014-09-22
Cite this
- Citation
- N.Y. Real Property Tax Law § 428, Fraternal organizations; entire net income for education and relief of members, New York, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1127771
- Permanent ID
ys:prov:1127771@1- SHA-256
ec44016c16d5e565c996f681a49bdf240d98712855dda21e14e0c303eb08ae28
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
§ 428. Fraternal organizations; entire net income for education and
relief of members. Real property owned by any fraternal corporation,
association or body created to build and maintain a building or
buildings for its meeting or meetings of the general assembly of its
members or subordinate bodies thereof and for the accommodation of other
fraternal corporations, associations or bodies, the entire net income of
which real property is exclusively applied or to be used to build,
furnish and maintain one or more asylums, homes or schools for the free
education or relief of its members or for the relief, support and care
of the worthy and indigent members thereof, their spouses, surviving
spouses or orphans, shall be exempt from taxation and exempt from
special ad valorem levies and special assessments to the extent provided
in section four hundred ninety of this chapter.