630. Any bonded debt of an existing school board becomes the bonded debt of the new school board in accordance with the rules established in sections 501 and 502.
The special tax levied by the existing school boards to discharge the bonded debt contracted before 1 July 1980 becomes in accordance with the rules referred to in the first paragraph, a special tax of the new school board. The tax is levied in the whole territory of the new school board according to the initial conditions and, notwithstanding section 348, does not require the approval of the electors.
If the special tax is collected on the same roll as the general taxes, the roll shall indicate the amount of each tax.