Section 486-A. Retention of special additional mortgage recording tax exemption for converted federal credit unions  


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  • Mortgages  made  by  a  credit  union  that  is  issued an authorization certificate on or after
      January first, two  thousand  nine  pursuant  to  section  four  hundred
      eighty-six  of  this article shall be exempt from the special additional
      mortgage tax imposed pursuant to paragraph (a) of subdivision  one-a  of
      section two hundred fifty-three of the tax law.