N.Y. Educ. Law § 1701

§ 1701. Boards of education corporate bodies. The board of education\nof each union free school district is hereby created a body corporate\nand it shall, at its first meeting and at each annual meeting\nthereafter, elect one of its members president. It may also, in its\ndiscretion, elect one of its members vice president, who shall have the\npower to exercise the duties of the president in case of the absence or\ndisability of the president. In case of vacancy in the office of\npresident, the vice president shall act as president until a president\nshall be elected. All property which is now vested in, or shall\nhereafter be transferred to the board of education of a union free\nschool district, for the use of schools in the district, shall be held\nby them as a corporation.\n