New York StatutesTitle 1 - (10.00 - 11.00) POWER TO CONTRACT INDEBTEDNESS AND PERIODS OF PROBABLE USEFULNESS10.00 - Power of municipalities, school districts and district corporations to contract indebtedness.10.10 - Municipalities and school districts authorized to incur debt to liquidate operating deficits; requirements and procedures; period of probable usefulne11.00 - Periods of probable usefulness.