407.If there be no moveable or immoveable property belonging to the school corporation to be seized and sold, or if such property be insufficient to satisfy the judgment, on the production of the return of the sheriff to the court to that effect, or after the homologation of the scheme of collocation establishing its insufficiency, a second writ of execution may be issued against the school corporation in default, addressed to the sheriff and ordering him:
(1) To levy upon the school corporation the whole or the balance, as the case may be, of the debt, with interest and costs, including those of the judgment and the subsequent costs incurred, by apportioning the sum required on all the taxable immoveable property in the school municipality liable for the judgment;
(2) To collect the assessment thus imposed and to report to the court as soon as the amount of the debt, interest and costs has been collected, or from time to time, as the court may order.
R. S. 1964, c. 235, s. 439; 1965 (1st sess.), c. 80, a. 1.