Division of assets when petition is for boundary change; commissioners to adopt plan for division; appointment of commissioners; effect of plan.

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(2) If, within 30 days after the appointment of the commissioners, they have not agreed upon terms, the Governor, upon request of the contiguous county or the city-county, shall appoint commissioners equal in number to one-half the commissioners already appointed, who shall meet with the commissioners already appointed and draft terms.

(3) Within 60 days after terms have been arranged, a majority of the commissioners may report to the respective governing bodies a plan for division.

(4) When made within such time, the plan for division shall be reported by the commissioners to the respective governing bodies and the plan shall become a compact between the city-county and the contiguous county, and shall be binding upon both. [1997 c.494 §14]


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