N.Y. Public Authorities Law 3107 – Exemption from taxation
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§ 3107. Exemption from taxation. The property, income and activities of the corporation shall be exempt from all taxes and assessments.
Terms Used In N.Y. Public Authorities Law 3107
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.