New York Laws > Real Property Tax > Article 15-A > Title 4 – Application of Article; Adoption of Local Laws
Current as of: 2022 |
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Other versions
| § 1558 | Adoption of Local Laws |
| § 1560 | Inconsistent Laws Inapplicable |
| § 1562 | Local Governments to Which Article Applies |
Terms Used In New York Laws > Real Property Tax > Article 15-A > Title 4 - Application of Article; Adoption of Local Laws
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.