Transfer of assets and liabilities on reorganization--Copy of directive to secretary.

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13-6-78. Transfer of assets and liabilities on reorganization--Copy of directive to secretary.

All liabilities and assets shall be transferred according to directives prepared by the board of county commissioners. A copy of such directives shall be mailed to the secretary of the Department of Education and all other parties enumerated in §13-6-48.

Source: SL 1955, ch 41, ch 8, §25; SDC Supp 1960, §15.2022; SL 1968, ch 42, §1; SL 1971, ch 103, §14; SL 1973, ch 85, §31; SL 2003, ch 272, §63.


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