Statute · New York Transportation Law
N.Y. Transp. Law § 487 — Consistency with federal tax law
N.Y. Transp. Law § 487
- Type
- Statute
- Source
- New York Transportation Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 487. Consistency with federal tax law. All actions taken pursuant to this article shall be reviewed for consistency with provisions of the federal internal revenue code and regulations thereunder, in accordance with procedures established in connection with the issuance of any tax exempt bonds…
Citator
N.Y. Transp. Law § 487 — Consistency with federal tax law is in force in the current edition of the Code, and nothing recorded condemns it.
§ 487. Consistency with federal tax law. All actions taken pursuant to this article shall be reviewed for consistency with provisions of the federal internal revenue code and regulations thereunder, in accordance with procedures established in connection with the issuance of any tax exempt bonds pursuant to this article, to preserve the tax exempt status of such bonds.