California Law (Last Updated: March 4, 2014) |
Education Code - EDC |
Title 2. ELEMENTARY AND SECONDARY EDUCATION |
Division 3. LOCAL ADMINISTRATION |
Part 21. LOCAL EDUCATIONAL AGENCIES |
Chapter 3. Reorganization of School Districts—General Provisions |
ARTICLE 7. Disposition of Records, Funds, Property, and Obligations When Reorganized |
Section 35566.
Latest version.
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Notwithstanding any provisions of this article, exchanges of property tax revenues between school districts as a result of reorganization shall be determined pursuant to subdivision (i) of Section 99 of the Revenue and Taxation Code if one or more affected school districts receive only basic aid apportionments required by Section 6 of Article IX of the California Constitution.
(Amended by Stats. 2012, Ch. 589, Sec. 2. Effective January 1, 2013.)