N.Y. GMU Law § 876
This is the official text of N.Y. GMU Law § 876, part of New York’s GMU Law — part of the compiled statutory law of New York, published by the state as "GMU Law." Browse the sections below, each linked to its official government source.
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Tax contract by the state
Official statutory text
§ 876. Tax contract by the state. The state covenants with the\npurchasers and with all subsequent holders and transferees of bonds or\nnotes issued by the agency pursuant to this title, in consideration of\nthe acceptance of and payment for the bonds or notes, that the bonds and\nnotes of the agency issued pursuant to this title and the income\ntherefrom, and all moneys, funds and revenues pledged to pay or secure\nthe payment of such bonds or notes shall at all times be free from\ntaxation except for estate taxes and taxes on transfers by or in\ncontemplation of death.\n
Status: in_force · Read it on the official government site
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