Cal. Sts. & Hy. Code § 19328
Current through the 2023 Legislative Session.
Notwithstanding any other provision of law, the district resulting from the consolidation of two or more districts shall assume all of the assets of the separate districts so consolidated and shall be entitled to all of the property tax revenues to which each of the separate districts so consolidated would have been entitled had the districts not been consolidated.
Ca. Sts. and High. Code § 19328