15-467

15-467. Change of union high school district to
high school district

A. When all the common school districts comprising a union high school district
unite, either by annexation or by consolidation, into one common school district, the
union high school district shall, as of the first day of the next fiscal year, be deemed
to be dissolved, and the terms of office of all governing board members elected to the
union high school district shall expire and the union high school district shall
thereupon become ipso facto a high school district and be administered as other high
school districts are administered.

B. A high school district created as provided by subsection A is liable for all
indebtedness, bonded or otherwise, outstanding against the dissolved union high school
district, and all property, balances and deficits of the dissolved district become the
property, balances and deficits of the high school district.