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Statutes > New York Laws > PBA - Public Authorities > Article 8 - MISCELLANEOUS AUTHORITIES > Title 7-A - (1790 - 1799) SALAMANCA INDIAN LEASE AUTHORITY > 1795 - Purpose.

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NEW YORK STATUTES AND CODES

1795 - Purpose.

§ 1795. Purpose. It is hereby determined that the creation of the authority and the carrying out of its corporate purposes is in all respects for the benefit of the people of the city of Salamanca and is a public purpose and the authority shall be regarded as performing a governmental function in the exercise of the powers conferred upon it by this act and shall be exempt from tax upon its activities.

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