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the New York Laws
2019 New York Laws
EDN - Education
Title 2 - School District Organization
Article 51 - City School Districts of Cities With Less Than One Hundred Twenty-Five Thousand Inhabitants
2530 - Power to Contract Indebtedness.
Universal Citation: NY Educ L § 2530 (2019)
§ 2530. Power to contract indebtedness. Each city school district shall be authorized to expend money for any of the objects or purposes which it is authorized to accomplish by law and may contract indebtedness in its name pursuant to the local finance law. The provisions of section four hundred sixteen of this chapter shall be applicable to such districts.
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