N.Y. PBA Law § 2516

This is the official text of N.Y. PBA Law § 2516, part of New York’s PBA Law — part of the compiled statutory law of New York, published by the state as "PBA Law." Browse the sections below, each linked to its official government source.

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Property and income

Official statutory text

* § 2516. Property and income. The property of the authority and its\nincome and operations shall be exempt from taxation, assessments or\nservice charges of every kind and nature, and the authority shall not be\nrequired to pay any recording fee or transfer tax of any kind on account\nof instruments recorded by it or on its behalf.\n * NB (Discontinued-Board of Directors never appointed)\n

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.