Washington § 28A.315.245 - Adjustment of assets and liabilities.

Full text of Washington Revised Code of Washington § 28A.315.245 — Adjustment of assets and liabilities., with citation guidance and answers to common questions.

§ 28A.315.245. Adjustment of assets and liabilities.

In determining an equitable adjustment of assets and liabilities, the negotiating school districts and the regional committee shall consider the following factors:
(1) The number of school-age children residing in each school district and in each part of a district involved or affected by the proposed change in school district organization;
(2) The assessed valuation of the property located in each school district and in each part of a district involved or affected by the proposed change in school district organization;
(3) The purpose for which the bonded indebtedness of any school district involved or affected by the proposed change in school district organization was incurred;
(4) The history and relationship of the property affected to the students and communities affected by the proposed change in school district organization;
(5) Additional burdens to the districts affected by the proposed change in school district organization as a result of the proposed organization;
(6) The value, location, and disposition of all improvements located in the school districts involved or affected by the proposed change in school district organization;
(7) The consideration of all other sources of funding; and
(8) Any other factors that in the judgment of the school districts or regional committee are important or essential to the making of an equitable adjustment of assets and liabilities.
[ 1999 c 315 s 701.]

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 28A.315.245

What does Revised Code of Washington § 28A.315.245 cover?

Section 28A.315.245 ("Adjustment of assets and liabilities.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 28A.315.245?

A common citation format is "Revised Code of Washington § 28A.315.245" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 28A.315.245 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

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