Legislation

§ 1517. Indebtedness of certain dissolved districts. Whenever any
school district is dissolved pursuant to the provisions of section
fifteen hundred five of this article and annexed to an adjoining
district or adjoining districts or consolidated as provided in section
fifteen hundred twelve, the indebtedness of any such district evidenced
by bonds or notes or relating to school building construction shall
thereupon become a charge upon the enlarged district formed by such
annexation or consolidation. The board of education or trustees of such
enlarged district shall raise by tax an amount sufficient to pay any
such indebtedness of such district as the same shall become due.