2010 New York Code
BNK - Banking
Article 10-B - (432 - 446) SAVINGS AND LOAN BANK OF THE STATE OF NEW YORK
446 - Exemptions.

§ 446.  Exemptions. The bonds and notes issued by the savings and loan
  bank and the savings and loan bank itself, together  with  its  capital,
  accumulations  and funds, shall have the same exemption from taxation as
  other institutions for savings. No law which taxes corporations  in  any
  form,  or  the  shares  thereof,  or the accumulations therein, shall be
  deemed to include the savings and loan bank or its issues  of  bonds  or
  notes unless they are specifically named in such law.

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.