New York Laws
Title 1-A* - Green Island Power Authority
1020-N*2 - Tax Contract by the State.

* § 1020-n. Tax contract by the state. The state covenants with the
purchasers and with all subsequent holders and transferees of bonds or
notes issued by the authority pursuant to this title, in consideration
of the acceptance of and payment for the bonds that the bonds of the
authority issued pursuant to this title and the income therefrom shall
be exempt from such taxation, as aforestated in subdivision two of
section one thousand twenty-m of this article, and that all moneys,
funds and revenues pledged to pay or secure the payment of such bonds
shall at all times be free from such taxation as aforestated in such
subdivision.

* NB There are 2 § 1020-n's

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