General Municipal Law § 790 · Title 3. Dissolution of Local Government Entities
Debts, liabilities and obligations
Text — Law content up to date as of September 11, 2026, as published by the New York State Senate (Open Legislation)
§ 790. Debts, liabilities and obligations. The outstanding debts, liabilities and obligations of the dissolved local government entity shall be assumed by the town in which the dissolved entity was situated and shall be a charge upon the taxable property within the limits of the dissolved entity, collected in the same manner as town taxes. The town board shall have all powers with respect to the debts, liabilities and obligations as the governing body of the dissolved entity possessed prior to its dissolution, including the power to issue town bonds to redeem bond anticipation notes issued by the dissolved entity.
Source of truth
- Edition
- Law content up to date as of September 11, 2026, as published by the New York State Senate (Open Legislation)
- Official file
- https://legislation.nysenate.gov/pdf/laws/GMU790
- Text hash
- sha256 62c9c4a5154e7ec3ff44268809013dd10fb2ea83d5a2b4cbf9745270ab70a188
- 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.