540. Every existing school board shall(1) make an inventory of its rights and obligations and transmit it to the council of commissioners or the provisional council of the new school board in its territory, in accordance with the norms and modalities established by regulation of the Minister and within the time fixed by the council of commissioners or the provisional council of the new school board;
(2) furnish to the council of commissioners or provisional council of the new school board in its territory any information or document it may require for the performance of its functions;
(3) fulfil the obligations prescribed in this division with respect to the council of commissioners or provisional council of each interested new school board, where it is situated in the territory of more than one new school board.