ยง 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.
Structure New York Laws
Article 17-A - Consolidation and Dissolution of Local Government
Title 3 - Dissolution of Local Government Entities
773 - Commencing the Proceeding.
774 - Proposed Dissolution Plan.
775 - Publication of Proposed Dissolution Plan.
776 - Public Hearings on Proposed Dissolution Plan.
777 - Referendum Resolution for Dissolution of Villages.
778 - Effective Date of Dissolution Plan.
781 - Canvassing of Vote; Moratorium on Further Referendum.
782 - Duty to Approve Proposed Elector Initiated Dissolution Plan.
783 - Publication of Proposed Elector Initiated Dissolution Plan.
784 - Public Hearings on Proposed Elector Initiated Dissolution Plan.
785 - Effective Date of Elector Initiated Dissolution Plan; Permissive Referendum.
786 - Court-Ordered Dissolution; Judicial Hearing Officer.
787 - Winding Down the Affairs of a Dissolved Local Government Entity.
788 - Effect on Actions and Proceedings; Disposition of Records, Books and Papers.