2017 New York Laws
BNK - Banking
Article 11 - Credit Unions
486-A - Retention of Special Additional Mortgage Recording Tax Exemption for Converted Federal Credit Unions.

Universal Citation: NY Banking L § 486-A (2017)

486-a. Retention of special additional mortgage recording tax exemption for converted federal credit unions. Mortgages made by a credit union that is issued an authorization certificate on or after January first, two thousand nine pursuant to section four hundred eighty-six of this article shall be exempt from the special additional mortgage tax imposed pursuant to paragraph (a) of subdivision one-a of section two hundred fifty-three of the tax law.


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