395. Any ratepayer, being a property-owner, who does not reside in a municipality in which a dissentient school board is established, may declare in writing to the commissioners of the school board and of the dissentient school board his intention of dividing his assessments between the schools under control of the former commissioners and those under control of the latter commissioners.
In such case, the commissioners of the school board shall collect such assessments and shall pay over to the commissioners of the dissentient school board such proportion thereof as such property-owner may direct.
R. S. 1964, c. 235, s. 427; 1989, c. 36, s. 279; 1990, c. 35, s. 16.