N.Y. Education Law § 1518: Continuance of dissolved districts for payment of debts

§ 1518. Continuance of dissolved districts for payment of debts.

Though a district be dissolved, it shall continue to exist in law, for

the purpose of providing for and paying all its just debts, except as

provided in section fifteen hundred seventeen; and to that end the

trustees and other officers shall continue in office, and the

inhabitants may hold special meetings, elect officers to supply

vacancies and vote taxes; and all other acts necessary to raise money

and pay such debts shall be done by the inhabitants and officers of the

district.