GroundRules
RS 17:2152: Board's authority to borrow money and issue bonds for construction, etc., of educational facilities
Where this section sits in the code
- 3046.5 Terminated July 9, 1998. See Acts 1992, No. 938, §1, and Acts 1995, No. 1296, §1.
In order to obtain ready funds for the purposes authorized in R.S. 17:2151, the board of education may borrow money and, as evidence thereof, issue negotiable bonds or other obligations of the board, not to exceed six million dollars. These bonds may be issued at one time or from time to time, in the discretion of the board.
Collected 2026-09-14T04:53:16Z. Source file · JSON