136D.90 DISSOLUTION, BOND TAXES.
Subdivision 1.
Term of agreement and termination. The agreement shall state the term
of its duration and may provide for the method of termination and distribution of assets after
payment of all liabilities of the joint school board. No termination shall affect the obligation to
continue to levy taxes required for payment of any bonds issued before termination.
Subd. 2.[Repealed,
1992 c 363 art 2 s 2;
1992 c 499 art 6 s 39;
1992 c 603 s 10]
History: 1969 c 1060 s 10; 1984 c 463 art 7 s 53 subd 1; 1991 c 265 art 6 s 55