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136D.90 DISSOLUTION, BOND TAXES.

Subdivision 1.Term of agreement and termination.

The agreement shall state the term of its duration and may provide for the method of termination and distribution of assets after payment of all liabilities of the joint school board. No termination shall affect the obligation to continue to levy taxes required for payment of any bonds issued before termination.

Official Publication of the State of Minnesota
Revisor of Statutes