California Education Code ARTICLE 3 - Disposition of Records, Funds, Property, and Obligations When Reorganized

• Section 74280.
  The agreement of transfer required by Section 74107 shall provide for the allocation of funds, property, and obligations affected by the transfer, except for bonded...
• Section 74281.
  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 74284.
  Notwithstanding any provisions of this article, exchanges of property tax revenues between districts as a result of reorganization shall be determined pursuant to subdivision (h)...

Last modified: October 22, 2018