N.Y. Tax Law § 207-a

Exemption of corporations owned by a municipality

2014-09-22

§ 207-a. Exemption of corporations owned by a municipality. On and\nafter the second day of June, nineteen hundred forty, the provisions of\nthis article shall not apply to any corporation all of the capital stock\nof which is owned by a municipal corporation of this state.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.