274.40 Vesting of powers to convey.
Whenever a majority of the directors of any school district affected as in section 274.39 have moved from such district and have ceased to be residents thereof thereby creating vacancies on the school board and reducing it to less than a quorum, the powers vested by said section in the board of directors shall vest in the area education agency board and the instrument of conveyance shall be executed on behalf of such school district by the president of the area education agency board until an election is called pursuant to chapter 277.
[C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §274.40]
Referred to in §274.41, 274.42
Structure Iowa Code
Title VII - EDUCATION AND CULTURAL AFFAIRS
Chapter 274 - SCHOOL DISTRICTS IN GENERAL
Section 274.1 - Powers and jurisdiction.
Section 274.2 - General applicability.
Section 274.3 - Exercise of powers — construction.
Section 274.4 - Record of reorganization filed.
Section 274.5 - Action to test reorganization.
Section 274.13 - Attaching territory to adjoining corporation.
Section 274.37 - Boundaries changed by action of boards — buildings constructed.
Section 274.38 - Study of boundary changes requested.
Section 274.39 - Sale of land to government.
Section 274.40 - Vesting of powers to convey.
Section 274.41 - Application of proceeds of sale.
Section 274.42 - Adjusting of district boundaries.
Section 274.43 - Relinquishing funds.