279.41  Schoolhouses and sites sold — funds.
  Moneys received from the condemnation, sale, or other disposition for public purposes of schoolhouses, school sites, or both schoolhouses and school sites, shall be deposited in the physical plant and equipment levy fund and may without a vote of the electorate be used for purposes authorized under section 298.3, as ordered by the board of directors of the school district.
[C62, 66, 71, 73, 75, 77, 79, 81, §279.41]
94 Acts, ch 1029, §18
; 
2006 Acts, ch 1152, §36