79-1038 School funds; apportionment; formation of new district; when eligible. - Nebraska Statutes

79-1038. School funds; apportionment; formation of new district; when eligible.When a district is formed from other districts where during the preceding school year school has been kept open the term required by law, such new district will be held and deemed to have had school the lawful time and apportionment shall be made to it accordingly. SourceLaws 1881, c. 78, subdivision XI, § 5, p. 370; R.S.1913, § 6932; C.S.1922, § 6515; C.S.1929, § 79-2004; R.S.1943, § 79-2004; Laws 1949, c. 256, § 380, p. 819; R.S.1943, (1994), § 79-1305; Laws 1996, LB 900, § 684.