ยง 2624. Exemption from taxation. 1. It is hereby determined that the
creation of the authority and the conduct of its corporate purposes is
in all respects for the benefit of the people of this state and the
United States, 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 title.
2. The authority, its operations, property and moneys shall be free
from taxation of every kind and nature by a public corporation, the
state and any subdivision thereof.
Structure New York Laws
Article 8 - Miscellaneous Authorities
Title 28 - New York State Olympic Regional Development Authority
2608 - New York State Olympic Regional Development Authority.
2609 - Community Advisory Panel.
2610 - Review of and Recommendation on Continuation of the Authority.
2611 - Powers of the Authority.
2612 - Agreement With the Park District.
2613 - Appropriations by the Park District.
2614 - Agreements With the State.
2615 - Assistance by State Officers, Departments, Boards and Commissions.
2616 - Appropriations by the State.
2617 - Moneys of the Authority.
2618 - Property and Income of the Authority.
2619 - Capital Repair and Improvement Account.
2623 - Limitation of Liability.
2624 - Exemption From Taxation.
2625 - Inconsistent Provisions of Other Laws Superseded.