274.40 - VESTING OF POWERS TO CONVEY.
274.40 VESTING OF POWERS TO CONVEY.
Whenever a majority of the directors of any school district
affected as in section 274.39 have moved from such district and have
ceased to be residents thereof thereby creating vacancies on the
school board and reducing it to less than a quorum, the powers vested
by said section in the board of directors shall vest in the area
education agency board and the instrument of conveyance shall be
executed on behalf of such school district by the president of the
area education agency board until an election is called pursuant to
chapter 277. Section History: Early Form
[C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 274.40]
Referred to in § 274.41, 274.42