New York § 479 - 479Credit union not liable for taxation
Full text of New York New York Consolidated Laws § 479 — 479Credit union not liable for taxation, with citation guidance and answers to common questions.
§ 479. 479Credit union not liable for taxation
§ 479. Credit union not liable for taxation. Any credit union subject to the provisions of this article shall be deemed an institution for savings within the meaning of the law which exempts such institutions from taxation. No law which taxes corporations in any form, or the shares thereof or the accumulations therein, shall apply to corporations doing business in accordance with the provisions of this article, unless such corporations are specifically named in said law.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 479
What does New York Consolidated Laws § 479 cover?
Section 479 ("479Credit union not liable for taxation") is part of the New York Consolidated Laws, the codified statutory law of New York. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New York § 479?
A common citation format is "New York Consolidated Laws § 479" (New York). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New York law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.
How does New York § 479 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New York.