20-6-417. Property disposition when district boundaries changed. Whenever district boundaries are changed, title to the real and personal property of the districts involved in such boundary change shall vest in the district which encompasses the territory where such real or personal property was located at the time the legal procedure to authorize the boundary change was introduced. The disposition or utilization of such property will be in the discretion of the trustees of the district encompassing the territory of its location, as provided by law.
History: En. 75-6536 by Sec. 195, Ch. 5, L. 1971; R.C.M. 1947, 75-6536.
Structure Montana Code Annotated
Part 4. School District Reorganization
20-6-410. Tenure protected -- hiring preference for employees
20-6-411. Bonded indebtedness to remain with original territory except when assumed by election
20-6-412. Property tax valuation after district boundary change
20-6-413. Cash disposition when district ceases to exist -- special levy for tuition debt
20-6-414. Cash disposition when districts consolidated
20-6-416. No cash disposition when territory transferred
20-6-417. Property disposition when district boundaries changed
20-6-418. Surrender of records when district ceases to exist
20-6-419. and 20-6-420 reserved
20-6-421. Conditions for district annexation