5-3. New district to own all property of old districts
All real estate and other property and all assets of Bennington Graded School District, Inc. and Greater Bennington Schools, Inc. shall become the property of Bennington School District Incorporated on July 1 in the year following the calendar year in which it is voted to dissolve the old districts and to create the new district pursuant to subsection 8(a) of this chapter, subject, however, to any agreements with respect thereto made by Bennington Graded School District, Inc., or Greater Bennington Schools, Inc., before July 1 in such year.
Structure Vermont Statutes
Title 16 Appendix - Education Charters and Agreements
Chapter 5 - Bennington School District Incorporated
App 5-1. Districts authorized to dissolve and merge
App 5-2. Merger to constitute incorporation of new district
App 5-3. New district to own all property of old districts
App 5-4. New district to provide public schools for grades kindergarten through sixth
App 5-7. New district to vote a tax on the combined grand list of old districts; fiscal year
App 5-9. Officers of new district
App 5-11. Mt. Anthony Union High School District (No. 14) directors elected at large
App 5-12. Organization of Mt. Anthony Union High School District (No. 14) validated