New York Property, Income And Contracts.

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    §  256.  Property,  income and contracts. The property of the fund and
  its income and operations shall be exempt from taxation, assessments  or
  service  charges of every kind and nature. All contracts entered into by
  the fund pursuant to this article shall be exempt from any sales and use
  taxes and the fund shall not be required to pay  any  recording  fee  or
  transfer  tax of any kind on account of instruments recorded by it or on
  its behalf.