The board of directors of any school corporation when authorized by the voters at the regular election or at a special election called for that purpose, may issue the negotiable, interest-bearing school bonds of said corporation for borrowing money for any or all of the following purposes:
1. To acquire sites for school purposes.
2. To erect, complete, or improve buildings authorized for school purposes.
3. To acquire equipment for schools, sites, and buildings.
[S13, § 2812-d; C24, 27, 31, 35, 39, § 4406; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 298.21]
Vote required to authorize bonds, § 75.1
Previous Section 298.20
Next Section 298.22
© 1999 Cornell College and League of Women Voters of Iowa
Comments about this site or page?
webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Thu Mar 18 15:00:31 CST 1999
URL: /DOCS/IACODE/1999/298/21.html
jhf