Statute · New York Banking Law

N.Y. Banking Law § 490-h — Exemption of fund from taxation

N.Y. Banking Law § 490-h

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

§ 490-h. Exemption of fund from taxation. The fund provided for by this article 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.

Citator

N.Y. Banking Law § 490-h — Exemption of fund from taxation is in force in the current edition of the Code, and nothing recorded condemns it.

§ 490-h. Exemption of fund from taxation. The fund provided for by this article 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.