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  • SECTION 410
    Undertakings to be self-supporting
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  • ARTICLE 14-C
    Revenue-producing Undertakings
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  • SECTION 412
    Use of revenue of undertaking
    • This entry was published on 2014-09-22
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    SECTION 411

    Undertaking exempt from taxation

    General Municipal (GMU) CHAPTER 24, ARTICLE 14-C

    § 411. Undertaking exempt from taxation. So long as a municipality
    shall own any undertaking, the property, within the municipality, and
    all revenue of such undertaking shall be exempt from taxation.