N.Y. General Municipal Law Section 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.

Source: Section 411 — Undertaking exempt from taxation, https://www.­nysenate.­gov/legislation/laws/GMU/411 (updated Sep. 22, 2014; accessed Dec. 21, 2024).

Accessed:
Dec. 21, 2024

Last modified:
Sep. 22, 2014

§ 411’s source at nysenate​.gov

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