22-19-3. Income projects.
35 words·~1 min read·
/nm/chapter-22-public-schools/article-19-school-revenue-bonds/22-19-3·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A local school board may borrow money to finance income projects of the school district pursuant to the School Revenue Bond Act.
History: 1953 Comp., § 77-16-3, enacted by Laws 1967, ch. 16, § 242.