§ 2040. District meeting to authorize contract system. 1. Any school
district may decide by a majority vote of the qualified voters present
and voting at a district meeting:

a. To contract for the education of all the elementary pupils of such
district in another school district in this state or in any adjoining
state, instead of maintaining a home school.

b. To contract for the education of part of the elementary pupils of
such district in another school district in this state or in an
adjoining state and maintain a home school;

c. To contract for a period of not less than two and not more than
five years for the education of all the high school pupils of grades
seven to twelve, inclusive, of such district in another school district
in this state or in an adjoining state, instead of maintaining a home
high school for such grades.

d. To contract for a period of not less than two and not more than
five years for the education of some of the pupils of grades seven to
twelve, inclusive, of such district in another school district in this
state or in an adjoining state provided that such district maintains a
home high school for such grades. Nothing herein shall require a
district to enter into a written contract for the education of its high
school pupils where the term is for a period of less than two years.

2. Such contract may be made with one or more school districts. The
designation of the school districts with which such contracts may be
made shall be made pursuant to the commissioner's regulations.