Ed. Code, § 35560 · Article 7. Disposition of Records, Funds, Property, and Obligations When Reorganized
Ed. Code, § 35560
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
When a school district is reorganized, both of the following shall apply:
(a) When the allocation of funds, property, and obligations is not fixed by terms, conditions, or recommendations as provided by law, the funds, property, and obligations of a former district, except for bonded indebtedness, shall be allocated as follows:
(1) The real property and personal property and fixtures normally situated thereat shall be the property of the district in which the real property is located.
(2) All other property, funds, and obligations, except bonded indebtedness, shall be divided pro rata among the districts in which the territory of the former district is included. The basis for the division and allocation shall be the assessed valuation of the part of the former district which is included within each of the districts.
(b) Any qualified special taxes may continue to be imposed pursuant to Section 50079.2 of the Government Code.
Notes and commentary — not statutory text
History
Amended by Stats. 2011, Ch. 276, Sec. 1. (AB 504) Effective January 1, 2012.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC§ionNum=35560.
- Text hash
- sha256 d5ff0ebdf4c50065a1ac77c9c43e30f6d7e580c5680e686135f58afcd8d03d33
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- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
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