California Education Code ARTICLE 7 - Disposition of Records, Funds, Property, and Obligations When Reorganized

• Section 35560.
  When a school district is reorganized, both of the following shall apply: (a) When the allocation of funds, property, and obligations is not fixed by terms,...
• Section 35561.
  Any funds derived from the sale of the school bonds issued by the original district shall be used for the acquisition, construction, or improvement of...
• Section 35562.
  If all the territory of a school district becomes part of two or more school districts of any type, and the inclusion in the two...
• Section 35563.
  (a) If all of the territory of a school district becomes part of two or more school districts of any type, and the inclusion in the...
• Section 35564.
  If the reorganization of a school district under this chapter results in the relocation of district boundaries so that a portion of the pupils will...
• Section 35565.
  If a dispute arises between the governing boards of the districts concerning the division of funds, property, or obligations, a board of arbitrators shall be...
• Section 35566.
  Notwithstanding any other provision of this article, exchanges of property tax revenues between school districts as a result of an action to reorganize shall be...

Last modified: October 22, 2018