N.Y. Tax Law § 313: Limitation of time

§ 313. Limitation of time.--The provisions of the civil practice law

and rules relative to the limitation of time of enforcing a civil remedy

shall not apply to any proceeding or action taken to levy, appraise,

assess, determine or enforce the collection of any tax or penalty

prescribed by this article; provided, however, that as to real estate in

the hands of persons who are owners thereof who would be purchasers in

good faith but for such tax or penalty and as to the lien on real estate

of mortgages held by persons who would be holders thereof in good faith

but for such tax or penalty, all such taxes and penalties shall cease to

be a lien on such real estate as against such purchasers or holders

after the expiration of ten years from the date such taxes became due

and payable. The limitations herein provided for shall not apply to any

transfer from a petroleum business to a person with intent to avoid

payment of any taxes, or where with like intent the transfer is made to

a grantee, or any subsequent grantee controlled by such petroleum

business or which has any community of interest with it, either through

stock ownership or otherwise.