§ 162.00 Exemption from taxation. All bonds and notes of a\nmunicipality, school district or district corporation, until payable,\nand the interest thereon, shall be exempt from taxation for municipal\nand state purposes.\n
N.Y. Local Finance Law § 162.00, under Miscellaneous Provisions.
N.Y. Local Finance Law § 162.00
§ 162.00 Exemption from taxation. All bonds and notes of a\nmunicipality, school district or district corporation, until payable,\nand the interest thereon, shall be exempt from taxation for municipal\nand state purposes.\n