2018 New York Laws
TWN - Town
Article 5 - Alteration of Boundaries
76 - Apportionment of Debts on Division of Towns.

§  76.  Apportionment  of  debts on division of towns. Debts owed by a
  town so divided or altered shall be apportioned in the  same  manner  as
  the personal property of a town, and each town shall be charged with its
  share  of  the  debts, according to the apportionment, and the amount of
  the unpaid taxes levied and assessed upon the taxable  property  of  the
  town,  divided  or  altered,  before the division or alteration thereof,
  shall be apportioned  between  the  several  towns  interested  therein,
  according  to  the  amount  of taxable property in each town as the same
  existed before such division or alteration, to  be  ascertained  by  the
  last  assessment-roll  of the town. In making such division, there shall
  be set off to each town interested the unpaid taxes assessed and  levied
  upon  the real property within its borders and such as were assessed and
  levied upon  personal  property  against  persons  or  corporations  who
  resided within its borders at the time of the assessment; and each town,
  to  which the same are apportioned, shall have the same power, right and
  methods of collecting the same by warrant, action, sale or otherwise, as
  the town so divided or altered had, or would have had if such  town  had
  not  been so divided or altered.  Any such town having apportioned to it
  more than its proportion of unpaid taxes,  according  to  the  aforesaid
  taxable  property, to be ascertained by the last assessment-roll of such
  town, shall pay to the other town or towns interested, such sum or  sums
  as  shall  be  necessary  to make such apportionment correspond with the
  said taxable property, as ascertained by the said  last  assessment-roll
  of said town, before the said division or alteration.