Mich. Comp. Laws § 388.692
Current through Public Act 171 of the 2024 Legislative Session
The boards of education of any district which lose identity shall turn over their books, records, funds and property to the new board within 10 days after the effective date of the reorganization. If any existing district is divided, the intermediate district board, or boards, shall specify the division of assets and liabilities.
MCL 388.692