393.3292 - Order for exchange; execution of necessary conveyances.

393.3292  Order for exchange; execution of necessary conveyances.  After the public meeting, if the board determines that the exchange of such real properties is necessary or for the best interests of the school district, the board shall order that the exchange be made, and shall direct the president of the board of trustees to execute all necessary conveyances therefor.

      (Added to NRS by 1961, 65)

      NRS 393.3293  Deposit of money received from exchange in school district fund.  All moneys received by a school district from exchanges of real property as provided in subsection 3 of NRS 393.328 shall be deposited forthwith with the county treasurer to be credited to the school district fund, unless the board of trustees of such county school district has elected to establish and administer a separate account under NRS 354.603 for the school district fund, in which case such moneys shall be placed in such separate account.

      (Added to NRS by 1961, 65; A 1971, 1349; 1975, 1810)