§ 8. No indebtedness of a county, city, town, village or school\ndistrict valid at the time of its inception shall thereafter become\ninvalid by reason of the operation of any of the provisions of this\narticle.\n
Indebtedness not to be invalidated by operation of this article
N.Y. Constitution § A8S8, under Local Finances.
N.Y. Constitution § A8S8