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All transferred territory is liable for its proportion of the excess indebtedness of the original
county above the value of its county buildings and of the balance of funds in its treasury. The
share shall be based upon the last assessment, and the value of the buildings, unless agreed upon
by the respective county boards, shall be fixed by the sworn appraisal of three disinterested
citizens, none of whom shall be a resident or taxpayer in either county, and who shall be appointed
by the governor, upon the written application of the board of either county. The appraisal shall be
in writing, subscribed and verified by at least two appraisers, and filed in the office of the secretary
of state, and shall be final and conclusive. Within five days after the filing of the appraisal, the
secretary of state shall transmit to the auditor of each of the counties a certified copy of the
appraisal, application, appointment and oath.
History: (621) RL s 393; 1985 c 109 s 1