ยง 2719. Exemption from taxation of property and income. The property
of the authority, and its income and operations shall be exempt from
taxation or assessments of every kind and nature; nor shall the
authority be required to pay any filing or recording fee or transfer tax
of any kind on account of instruments filed or recorded by it or on its
behalf. Mortgages made or financed (directly or indirectly) by the
authority shall be exempt from the mortgage recording taxes imposed by
article eleven of the tax law.
Structure New York Laws
Article 8 - Miscellaneous Authorities
Title 29 - Development Authority of the North Country Act
2701 - Statement of Legislative Findings and Purposes.
2703 - Development Authority of the North County.
2704 - Powers of the Authority.
2705 - Special Powers With Regard to Planning.
2707 - Special Powers With Regard to Solid Waste Management Facilities.
2708 - Environmental Applications, Proceedings, Approvals and Permits.
2709 - Special Powers With Regard to Sewerage Facilities.
2710 - Special Powers With Regard to Water Facilities.
2711 - Bonds of the Authority.
2712 - Bonds as Legal Investments.
2713 - Exemption From Taxation of Bonds.
2714 - Moneys of the Authority.
2715 - Agreement of the State.
2716 - Remedies of Holders of Bonds.
2717 - Actions Against the Authority; Court Proceedings; Preferences; Venue.
2718 - Limitation of Liability; Indemnification.
2719 - Exemption From Taxation of Property and Income.
2720 - Assistance by State Officers, Departments, Boards and Commissions.
2721 - State, Counties and Municipalities Not Liable on Bonds.