260C.35 - LIMITATION ON LAND.
260C.35 LIMITATION ON LAND.
A merged area shall not purchase land which will increase the
aggregate of land owned by the merged area, excluding land acquired
by donation or gift, to more than three hundred twenty acres without
the approval of the director of the department of education. The
limitation does not apply to a merged area owning more than three
hundred twenty acres, excluding land acquired by donation or gift,
prior to January 1, 1969.
With the approval of the director of the department of education,
the board of directors of a merged area at any time may sell any land
in excess of one hundred sixty acres owned by the merged area, and an
election is not necessary in connection with the sale. The proceeds
of the sale may be used for any of the purposes stated in section
260C.22. This paragraph is in addition to any authority under other
provisions of law. Section History: Early Form
[C71, 73, 75, 77, 79, 81, § 280A.35] Section History: Recent Form
83 Acts, ch 25, § 1; 86 Acts, ch 1245, § 1473; 92 Acts, ch 1037,
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C93, § 260C.35