275.28 Plan of division of assets and liabilities.
In addition to setting up the territory to comprise the reorganized districts, a reorganization petition shall provide for a division of assets and liabilities of the districts affected among the reorganized districts. However, if territory is excluded from the reorganized district by the petition or by the area education agency board of directors, the division of all assets and liabilities shall be made under the provisions of sections 275.29 through 275.31.
[C46, 50, §275.7; C54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §275.28]
93 Acts, ch 160, §8; 2015 Acts, ch 93, §2, 8; 2016 Acts, ch 1073, §92
Referred to in §275.12
Structure Iowa Code
Title VII - EDUCATION AND CULTURAL AFFAIRS
Chapter 275 - REORGANIZATION OF SCHOOL DISTRICTS
Section 275.1 - Definitions — declaration of policy — surveys.
Section 275.2 - Scope of surveys.
Section 275.4 - Studies, surveys, and plans.
Section 275.5 - Proposals for merger or consolidation.
Section 275.6 - Progressive program.
Section 275.8 - Cooperation of department of education — planning joint districts.
Section 275.9 - Methods of effectuating reorganization plans.
Section 275.11 - Proposals involving two or more districts.
Section 275.12 - Petition — method of election.
Section 275.13 - Affidavit — presumption.
Section 275.14 - Objection — time of filing — notice.
Section 275.15 - Hearing — decision — publication — appeal.
Section 275.16 - Hearing when territory in different area education agencies.
Section 275.17 - Filing a petition.
Section 275.18 - Special election called — time.
Section 275.20 - Separate vote in existing districts.
Section 275.22 - Canvass and return.
Section 275.23 - Frequency of change.
Section 275.23A - Redistricting following federal decennial census.
Section 275.24 - Effective date of change.
Section 275.25 - Election of directors.
Section 275.26 - Payment of expenses.
Section 275.27 - Community school districts — part of area education agency.
Section 275.28 - Plan of division of assets and liabilities.
Section 275.29 - Division of assets and liabilities after reorganization.
Section 275.31 - Taxes and appropriation to effect equalization.
Section 275.32 - School buildings — tax levy.
Section 275.33 - Contracts of new district.
Section 275.35 - Change in number of directors — change in method of elections.
Section 275.36 - Submission of change to electors.
Section 275.37 - Increase in number of directors.
Section 275.37A - Decrease in number of directors.
Section 275.38 - Implementing changed method of election.
Section 275.39 - Excluded territory included in new petition.
Section 275.41 - Alternative method for director elections — temporary appointments.
Section 275.51 - Dissolution commission.
Section 275.53 - Dissolution proposal.
Section 275.55A - Attendance in other district.
Section 275.56 - Increasing enrollment.
Section 275.57 - Changing director district boundaries following dissolution.
Section 275.59 - Early retirement following school reorganization or dissolution.