279.26  Lease arrangements.

The board of directors of a local school district for which a voter-approved physical plant and equipment levy has been voted pursuant to section 298.2, may enter into a rental or lease arrangement, consistent with the purposes for which the voter-approved physical plant and equipment levy has been voted, for a period not exceeding ten years and not exceeding the period for which the voter-approved physical plant and equipment levy has been authorized by the voters.

Section History: Early form

  [C75, § 279.23; C77, 79, 81, § 279.26]

Section History: Recent form

  89 Acts, ch 135, §73

Internal References

  Referred to in § 298.2

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