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The Laws of New York
Consolidated Laws of New York
CHAPTER 43-A
Public Authorities
ARTICLE 7
Parking Authorities
TITLE 14**
City of Niagara Falls Parking Authority
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SECTION 1599-M*3
Tax exemptions
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TITLE 14**
City of Niagara Falls Parking Authority
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SECTION 1599-O*3
Remedies of bondholders
This entry was published on 2014-09-22
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SECTION 1599-N*3
Tax contract by the state
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 7, TITLE 14**
* § 1599-n. Tax contract by the state. The state of New York covenants
with the purchasers and with all subsequent holders and transferees of
bonds or notes issued by the authority pursuant to this title, in
consideration of the acceptance of and payment for the bonds or notes,
that the bonds and notes of the authority issued pursuant to this title
and the income therefrom, and all moneys, funds and revenues pledged to
pay or secure the payment of such bonds or notes shall at all times be
free from taxation except for estate taxes and taxes on transfers by or
in contemplation of death.

* NB Authority ceased to exist 07/01/1974

* NB There are 4 § 1599-n's