9-5-17. Title to school district property after consolidation--Assumption of debts and obligations.
The school district as enlarged by such consolidation shall have title to all real and personal property of both school districts. All debts and obligations of the school districts as enlarged by such consolidation, other than existing bonded indebtedness, shall be assumed and paid by the school district as enlarged by such consolidation.
Source: SL 1951, ch 249, §12; SDC Supp 1960, §45.29A12.
Structure South Dakota Codified Laws
Title 9 - Municipal Government
Chapter 05 - Annexation Of Contiguous Municipalities
Section 9-5-2 - Publication of resolutions of annexation--Approval of voters required.
Section 9-5-3 - Notice, conduct, and canvass of elections on annexation.
Section 9-5-4 - Waiting period after rejection of annexation by voters.
Section 9-5-5 - Submission of question to voters of municipality to be annexed--Date of election.
Section 9-5-6 - Form of ballot on question of annexation.
Section 9-5-9 - Effective date of annexation--Implementing ordinance.
Section 9-5-11 - Title to municipal property after annexation.
Section 9-5-12 - Assumption of municipal debts and obligations after annexation.
Section 9-5-14 - Bonded indebtedness of annexed municipality--Tax levy.
Section 9-5-16 - School districts consolidated on annexation.
Section 9-5-19 - Bonded indebtedness of annexed school district--Tax levy.