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161 — New York Law | CourtGPT
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New York Legal Code

161

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* § 161. Bonds to be tax exempt. The bonds shall be exempt from taxation except for transfer and estate taxes. This section shall apply only to bonds issued before January first, nineteen hundred thirty-nine. Nothing in this section shall be construed to repeal any tax exemption granted by general law. * NB (Authority abolished June 30, 1978)