Section 1599-OOO. Tax contract by the state

The  state of New York
  covenants with the  purchasers  and  with  all  subsequent  holders  and
  transferees  of  bonds or notes issued by the authority pursuant to this
  title, in consideration of the acceptance of and payment for  the  bonds
  or  notes,  that the bonds and notes of the authority issued pursuant to
  this title and the income therefrom, and all moneys, funds and  revenues
  pledged to pay or secure the payment of such bonds or notes shall at all
  times  be  free  from  taxation  except  for  estate  taxes and taxes on
  transfers by or in contemplation of death.
    * NB Authority ceased to exist 06/01/1976
    * NB There are 2 § 1599-ooo's