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This entry was published on 2014-09-22
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Power to contract indebtedness
Education (EDN) CHAPTER 16, TITLE 2, ARTICLE 51
§ 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.