N.Y. Tax Law § 1262-u: Allocation and distribution of certain net collections in Genesee county

§ 1262-u. Allocation and distribution of certain net collections in

Genesee county. If the county of Genesee enters into an agreement

pursuant to the authority of subdivision (c) of section twelve hundred

sixty-two of this part with the city of Batavia to allocate and

distribute a portion of net collections due the county from its taxes

imposed pursuant to the authority of subdivision (a) of section twelve

hundred ten of this article, the agreement may be for a term not

exceeding forty years and the state comptroller shall not disapprove

such agreement based on the length of its term, provided that such term

shall not exceed forty years.