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Statutes > New York Laws > GMU - General Municipal > Article 14-C - (400 - 416) REVENUE-PRODUCING UNDERTAKINGS > 411 - Undertaking exempt from taxation.

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NEW YORK STATUTES AND CODES

411 - Undertaking exempt from taxation.

§ 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.

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