The legal title to, and administration of, an area school building, land and equipment, shall be vested in the receiving district, but it shall hold such property in trust for the benefit of all the school districts in the authorized regional enrollment area, as their respective equitable interests therein may appear.
Source. 1963, 277:1, eff. July 1, 1964.
The legal title to, and administration of, an area school building, land and equipment, shall be vested in the receiving district, but it shall hold such property in trust for the benefit of all the school districts in the authorized regional enrollment area, as their respective equitable interests therein may appear.
Source. 1963, 277:1, eff. July 1, 1964.
The legal title to, and administration of, an area school building, land and equipment, shall be vested in the receiving district, but it shall hold such property in trust for the benefit of all the school districts in the authorized regional enrollment area, as their respective equitable interests therein may appear.
Source. 1963, 277:1, eff. July 1, 1964.
