When any school district is in any manner merged with one or more school districts so as to form a single district by any procedure, the district so formed is liable for all of the outstanding bonded indebtedness of the districts united or merged.
Cal. Educ. Code § 35573
Bonded Indebtedness of School Districts
Added by Stats. 1980, Ch. 1192, Sec. 2.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.