2025 Session Last amended: 2007 session

§ 123A.442 — Approval Authority; Application Forms

Plain-Language Summary

This section describes how property and assets are divided when a school district is dissolved. Buildings, equipment, and money are distributed among the districts that absorb the dissolved district's territory.

Practical Notes
When a district dissolves, its property and assets are split among receiving districts based on the territory each one absorbs. Any disputes over property division can be resolved by the Commissioner of Education.