A. A meeting of the governing board of the consolidated school district shall be called by the county school superintendent within ten days after their election.

Terms Used In Arizona Laws 15-322

  • Governing board: means a body organized for the government and management of the schools within a school district or a county school superintendent in the conduct of an accommodation school. See Arizona Laws 15-101
  • Property: includes both real and personal property. See Arizona Laws 1-215
  • School district: means a political subdivision of this state with geographic boundaries organized for the purpose of the administration, support and maintenance of the public schools or an accommodation school. See Arizona Laws 15-101

B. At the meeting provided by subsection A the members shall organize the board of the consolidated school district.

1. They shall receive from the boards of the school districts which have been consolidated all property, accounts and records of such boards.

2. Property of the several school districts shall become the property of the newly formed school district.

3. Balances or deficits in the funds of the several school districts consolidated shall become the balances or deficits of the new school district.

4. All bonded indebtedness of the school districts consolidated shall become the bonded indebtedness of the new school district.