ยง 278. Effect of failure to pay tax. No transfer of certificates
taxable under this article made after June first, nineteen hundred and
five, on which a tax is imposed by this article, and which tax is not
paid at the time of such transfer shall be made the basis of any action
or legal proceedings, nor, except in a proceeding under articles ten-c
and twenty-six of this chapter, shall proof thereof be offered or
received in evidence in any court in this state.
Structure New York Laws
Article 12 - Tax on Transfers of Stock and Other Corporate Certificates
270-B - Exemption of Certain Transfers to Legatees and Others.
270-C - Transfers by Operation of Law; Special Exemptions.
270-E - Maximum Amounts of Tax.
271 - Stamps, How Prepared and Sold.
272 - Penalty for Failure to Pay Tax; Liability for Tax of Agent or Broker.
273 - Canceling Stamps; Penalty for Failure.
274 - Contracts for Dies; Expenses, How Paid.
275 - Illegal Use of Stamps; Penalty.
275-A - Registration; Penalty for Failure.
276 - Power of Tax Commission.
277 - Penalties; How Recovered.
278 - Effect of Failure to Pay Tax.
279-B - Warrant for the Collection of Taxes.
280 - Refund of Tax Erroneously Paid.
280-A - Rebate for Stock Transfer Tax Paid; Penalty for False Claims.