State Codes and Statutes

Statutes > New-york > Bnk > Article-11 > 463

§  463.  Exemptions  and  individual  liability of shareholders.   The  transfer of the shares of any credit union shall not  be  taxable  under  the provisions of article twelve of the tax law.    The  shareholders  of  a credit union shall not be individually liable  for the payment of the credit union's debts.

State Codes and Statutes

Statutes > New-york > Bnk > Article-11 > 463

§  463.  Exemptions  and  individual  liability of shareholders.   The  transfer of the shares of any credit union shall not  be  taxable  under  the provisions of article twelve of the tax law.    The  shareholders  of  a credit union shall not be individually liable  for the payment of the credit union's debts.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Bnk > Article-11 > 463

§  463.  Exemptions  and  individual  liability of shareholders.   The  transfer of the shares of any credit union shall not  be  taxable  under  the provisions of article twelve of the tax law.    The  shareholders  of  a credit union shall not be individually liable  for the payment of the credit union's debts.