{"data":{"id":"us-ny/n.y.-general-municipal-law-561","jurisdiction":"us-ny","citation":"N.Y. General Municipal Law § 561","heading":"Exemption from taxation of bonds","body":"§ 561. Exemption from taxation of bonds.  Bonds, mortgages, notes and\nother obligations of an agency are declared to be issued for a public\npurpose and to be public instrumentalities and together with interest\nthereon, shall be exempt from taxation.","path":["General Municipal Law","Article 15-A. Municipal Urban Renewal Agencies, Organization and Powers"],"source_url":"https://legislation.nysenate.gov/api/3/laws/GMU/561","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"d284908d58e721135ca42705f892f05d25fa3e609078daa4866c1a54ae0da284","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-general-municipal-law-560","next":"us-ny/n.y.-general-municipal-law-561-a"},"notice":"GroundRules: Original legal text. Not legal advice."}