# N.Y. EDN Law § 1603: Property held by trustees as corporation

> New York · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_NY_AEDN_T2_A33_S1603

## Section

- **Citation:** N.Y. EDN Law § 1603
- **Heading:** Property held by trustees as corporation
- **Jurisdiction:** New York
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** New York Code / Act EDN / Title 2 / Article 33 / Section 1603

## Text

§ 1603. Property held by trustees as corporation. All property which\nis now vested in, or shall hereafter be transferred to the trustees of a\ncommon school district, for the use of schools in the district, shall be\nheld by them as a corporation.\n

## Nearby sections

- [N.Y. EDN Law § 1601 Trustees constitute a board and body corporate](https://www.frixlaw.com/law-library/statutes/STATE_NY_AEDN_T2_A33_S1601.md)
- [N.Y. EDN Law § 1602 Number of trustees; determination of change](https://www.frixlaw.com/law-library/statutes/STATE_NY_AEDN_T2_A33_S1602.md)
- [N.Y. EDN Law § 1603 Property held by trustees as corporation](https://www.frixlaw.com/law-library/statutes/STATE_NY_AEDN_T2_A33_S1603.md)
- [N.Y. EDN Law § 1604 Powers and duties of trustees](https://www.frixlaw.com/law-library/statutes/STATE_NY_AEDN_T2_A33_S1604.md)
- [N.Y. EDN Law § 1604-A Temporary investment of school moneys](https://www.frixlaw.com/law-library/statutes/STATE_NY_AEDN_T2_A33_S1604-A.md)
- [N.Y. EDN Law § 1605 Powers and duties of a sole trustee](https://www.frixlaw.com/law-library/statutes/STATE_NY_AEDN_T2_A33_S1605.md)
- [N.Y. EDN Law § 1606 Mode of exercise of trustees' powers](https://www.frixlaw.com/law-library/statutes/STATE_NY_AEDN_T2_A33_S1606.md)
- [N.Y. EDN Law § 1607 Powers of trustees when vacancies on board exist](https://www.frixlaw.com/law-library/statutes/STATE_NY_AEDN_T2_A33_S1607.md)
- [N.Y. EDN Law § 1608 Estimated expenses for ensuing year](https://www.frixlaw.com/law-library/statutes/STATE_NY_AEDN_T2_A33_S1608.md)
- [N.Y. EDN Law § 1609 Annual report of trustees of certain joint districts](https://www.frixlaw.com/law-library/statutes/STATE_NY_AEDN_T2_A33_S1609.md)
- [N.Y. EDN Law § 1610 Trustees' annual report to district](https://www.frixlaw.com/law-library/statutes/STATE_NY_AEDN_T2_A33_S1610.md)
- [N.Y. EDN Law § 1611 Penalty for failure of trustee to account](https://www.frixlaw.com/law-library/statutes/STATE_NY_AEDN_T2_A33_S1611.md)
- [N.Y. EDN Law § 1612 Payment by trustee to successor](https://www.frixlaw.com/law-library/statutes/STATE_NY_AEDN_T2_A33_S1612.md)
- [N.Y. EDN Law § 1613 Trustees' right of action against predecessor](https://www.frixlaw.com/law-library/statutes/STATE_NY_AEDN_T2_A33_S1613.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_NY_AEDN_T2_A33_S1603. Check the current official text before relying on it. Not legal advice.