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  • SECTION 560
    Exemption from taxation of property and income
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  • ARTICLE 15-A
    Municipal Urban Renewal Agencies, Organization and Powers
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  • SECTION 561-A
    Accounts, reports and audits
    • This entry was published on 2014-09-22
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    SECTION 561

    Exemption from taxation of bonds

    General Municipal (GMU) CHAPTER 24, ARTICLE 15-A

    § 561. Exemption from taxation of bonds. Bonds, mortgages, notes and
    other obligations of an agency are declared to be issued for a public
    purpose and to be public instrumentalities and together with interest
    thereon, shall be exempt from taxation.