Education Law § 2530 · Article 51. City School Districts of Cities With Less Than One Hundred Twenty-five Thousand Inhabitants
Power to contract indebtedness
Verbatim from the official edition
Text — Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)
§ 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.
Source of truth
- Edition
- Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)
- Official file
- https://legislation.nysenate.gov/pdf/laws/EDN2530
- Text hash
- sha256 8f98b04cc42de69b6db47e1a4eb700ab612812461bf4cf44c06c1fd79e5da765
- Composed by
- gen_ny_statutes.py 2026-11-10: the Senate's Open Legislation law tree (GET /api/3/laws/<ID>?full=true) read in document order; the Senate's PDF of the whole law (GET /pdf/laws/<ID>?full=true), read with PDFium, prints the same words in the same order
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.