Exemption of fund from taxation

N.Y. Banking Law § 490-H, under Credit Union Insurance Fund.

N.Y. Banking Law § 490-H

§ 490-h. Exemption of fund from taxation. The fund provided for by\nthis article and the income thereof shall be exempt from all taxation\nnow or hereafter imposed by the state of New York or by any county,\nmunicipality or local authority or subdivision.\n