Current through the 2023 Regular Session
Section 7-2-2102 - Apportionment of liabilities and assets upon creation or enlargement of county(1) Every county which shall be enlarged or created from the territory taken from any other county or counties shall: (a) be liable for a pro rata proportion of the existing debts and liabilities of the county or counties from which such territory shall be taken; and(b) be entitled to a pro rata proportion of the assets of the county or counties from which such territory is taken.(2) The share of liabilities and assets shall be determined as provided by 7-2-2204 and 7-2-2244 through 7-2-2246.En. Sec. 1, Ch. 226, L. 1919; re-en. Sec. 4390, R.C.M. 1921; amd. Sec. 1, Ch. 106, L. 1929; re-en. Sec. 4390, R.C.M. 1935; amd. Sec. 6, Ch. 406, L. 1973; R.C.M. 1947, 16-501(part).