Statute · New York General Municipal Law
N.Y. Gen. Mun. Law § 411 — Undertaking exempt from taxation
N.Y. Gen. Mun. Law § 411
- Type
- Statute
- Source
- New York General Municipal Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 411. Undertaking exempt from taxation. So long as a municipality shall own any undertaking, the property, within the municipality, and all revenue of such undertaking shall be exempt from taxation.
Citator
N.Y. Gen. Mun. Law § 411 — Undertaking exempt from taxation is in force in the current edition of the Code, and nothing recorded condemns it.
§ 411. Undertaking exempt from taxation. So long as a municipality shall own any undertaking, the property, within the municipality, and all revenue of such undertaking shall be exempt from taxation.