20-6-216. Limitations for creation of new elementary district. A new elementary district may be created out of the territory of an existing elementary district or districts if:
     (1) the taxable value of the taxable property of the territory proposed to be included in such new district is $1 million or more, except that when 50,000 acres or more of such new district are nontaxable Indian land, this limitation shall not be applicable;
     (2) the taxable value of the taxable property of each existing district from which territory would be detached will be $2 million or more after the territory is detached;
     (3) the ANB in any of the existing districts is not reduced to less than 15;
     (4) the territory to be included in the new district shall consist only of parcels of land that are contiguous; and
     (5) there is a compelling need, such as a significant increase in school-age population of the territory to be included in the new district, the extreme isolation of such population, or an emergency situation.

     History: En. 75-6517 by Sec. 176, Ch. 5, L. 1971; amd. Sec. 4, Ch. 137, L. 1973; amd. Sec. 2, Ch. 256, L. 1975; R.C.M. 1947, 75-6517; amd. Sec. 1, Ch. 337, L. 1981; amd. Sec. 1, Ch. 430, L. 1981; amd. Sec. 1, Ch. 371, L. 1987.