Statute · New York Banking Law

N.Y. Banking Law § 486-a — Retention of special additional mortgage recording tax exemption for converted federal credit unions

N.Y. Banking Law § 486-a

Type
Statute
Source
New York Banking Law
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

§ 486-a. Retention of special additional mortgage recording tax exemption for converted federal credit unions. Mortgages made by a credit union that is issued an authorization certificate on or after January first, two thousand nine pursuant to section four hundred eighty-six of this article…

Citator

N.Y. Banking Law § 486-a — Retention of special additional mortgage recording tax exemption for converted federal credit unions is in force in the current edition of the Code, and nothing recorded condemns it.

§ 486-a. Retention of special additional mortgage recording tax exemption for converted federal credit unions. Mortgages made by a credit union that is issued an authorization certificate on or after January first, two thousand nine pursuant to section four hundred eighty-six of this article shall be exempt from the special additional mortgage tax imposed pursuant to paragraph (a) of subdivision one-a of section two hundred fifty-three of the tax law.