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This entry was published on 2014-09-22
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Exemption from taxation
Insurance (ISC) CHAPTER 28, ARTICLE 52
§ 5225. Exemption from taxation. The corporation shall be exempt from
all taxes and fees now or hereafter imposed by the state, or by any
county, municipality or local authority or subdivision, except that any
real property owned by the corporation shall be subject to county,
municipal or local taxation to the same extent according to its value as
other similar real property is taxed and that the corporation shall be
subject to the fees imposed pursuant to section two hundred two of the
vehicle and traffic law.