{"data":{"id":"us-ny/n.y.-general-municipal-law-411","jurisdiction":"us-ny","citation":"N.Y. General Municipal Law § 411","heading":"Undertaking exempt from taxation","body":"§ 411. Undertaking exempt from taxation. So long as a municipality\nshall own any undertaking, the property, within the municipality, and\nall revenue of such undertaking shall be exempt from taxation.","path":["General Municipal Law","Article 14-C. Revenue-producing Undertakings"],"source_url":"https://legislation.nysenate.gov/api/3/laws/GMU/411","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"444e6e999fecba0c6668570c0cb9aa9e2bf1f0d78b913af885743d3a3ff6e6a5","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-general-municipal-law-410","next":"us-ny/n.y.-general-municipal-law-412"},"notice":"GroundRules: Original legal text. Not legal advice."}