New York § 980 - 980Definitions

Full text of New York New York Consolidated Laws § 980 — 980Definitions, with citation guidance and answers to common questions.

§ 980. 980Definitions

§ 980. Definitions. As used in this article: (a) "Average full valuation of taxable real property" means the valuation obtained by taking the assessed valuation of taxable real property in the district as it appears upon the last completed and four preceding assessment rolls of the municipality and dividing each by the applicable state equalization rate as determined by the commissioner of taxation and finance pursuant to article twelve of the real property tax law for each of the assessment rolls and dividing the sum of the quotients thus obtained by five. (b) "District" means a business improvement district established pursuant to this article. (c) "District charge" means a levy imposed on behalf of the district as provided in the district plan. (d) "District management association" means the association established pursuant to section nine hundred eighty-m of this article. (e) "District plan" or "plan" means a proposal as defined in section nine hundred eighty-a of this article. (f) "Legislative body" means the local legislative body empowered to adopt and amend local laws or ordinances. (g) "Municipality" means a city, town or village within the state of New York. (h) "Owner" means owner of record. (i) "Tenant" means an occupant pursuant to a lease of commercial space or a dwelling unit, other than an owner.

Frequently Asked Questions About New York § 980

What does New York Consolidated Laws § 980 cover?

Section 980 ("980Definitions") 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 § 980?

A common citation format is "New York Consolidated Laws § 980" (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 § 980 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.