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Statutes > New York Laws > PBA - Public Authorities > Article 5 - PUBLIC UTILITY AUTHORITIES > Title 2 - (1025 - 1044) ALBANY LIGHT, HEAT AND POWER AUTHORITY > 1039 - Exemption from taxation.

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NEW YORK STATUTES AND CODES

1039 - Exemption from taxation.

* § 1039. Exemption from taxation. The real and personal property of the authority shall be exempt from all taxation, and so shall all of its activities and operations, except that the owners of its bonds and other obligations shall be subject to transfer and estate taxes. * NB Terminated July 1, 1963

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